Author Question: Commodity money A) has value independent of its use as money. B) has little to no value ... (Read 61 times)

CQXA · **on:** Jun 29, 2018

Commodity money

A) has value independent of its use as money.
B) has little to no value independent of its use as money.
C) can be used to purchase commodities, but not services.
D) is backed by a valuable commodity such as gold.

Question 2

Fiscal policy refers to changes in

A) the money supply and interest rates that are intended to achieve macroeconomic policy objectives.
B) federal taxes and purchases that are intended to fund the war on terrorism.
C) state and local taxes and purchases that are intended to achieve macroeconomic policy objectives.
D) federal taxes and purchases that are intended to achieve macroeconomic policy objectives.