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Author Question: There is no completely satisfactory way to define the money supply in the United States because ... (Read 257 times)

cool

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on: Jun 29, 2018
There is no completely satisfactory way to define the money supply in the United States because
 
  A) data on the money supply are always approximate and only available after a time lag of several months.
  B) much of it is held by the public and so cannot be monitored by the Fed.
  C) the Federal Reserve uses a number of different definitions.
  D) the liquidity of any asset is a matter of degree.

Question 2

What is the discounted value of 60,000 to be received after six years, if the ongoing rate of interest is 6 per annum?
 
  A) 41,212.84
  B) 42,297.63
  C) 44,666.95
  D) 51,220.64


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Expo

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


cool

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Reply #2 on: Jun 29, 2018
Thank you


Expo

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Reply #3 on: Jun 29, 2018
No problemo


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