« previous next »

Author Question: The current monetary system in the United States is A) a mix of fiat money and exchange using ... (Read 106 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
The current monetary system in the United States is
 
  A) a mix of fiat money and exchange using transactions deposits at banks.
  B) a commodity money system.
  C) a gold standard.
  D) a commodity-backed fiat money system.

Question 2

The Ricardian Equivalence says
 
  A) whatever the level of government expenses, consumption is the same.
  B) whatever the timing of taxes, consumption is the same.
  C) higher government expenses reduce consumption.
  D) an increase in current consumption has to lead to a decrease in future consumption.


Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Block Diagram of a Dual-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Seme Block Diagram of a Dual-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Seme
Occupational Prestige: How The United States Compares With Sixty Countries Occupational Prestige: How The United States Compares With Sixty Countries
Major Degenerative Diseases of the Central Nervous System Major Degenerative Diseases of the Central Nervous System
Drawing of spirochete's mobility system (with internal flagellae). Drawing of spirochete's mobility system (with internal flagellae).
Female Reproductive System Female Reproductive System
Solving linear system by elimination Solving linear system by elimination
Video: Heart Chambers

For a complete list of videos, visit our video library