« previous next »

Author Question: What is money? What will be an ideal response?[br][br][b][color=#A83E49]Question ... (Read 76 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
What is money?
 
  What will be an ideal response?

Question 2

Assuming all else equal, if the Fed is expected to adopt a contractionary monetary policy, ________.
 
  A) labor demand will increase B) inflation expectations will increase
  C) the long-run real interest rate will increase D) labor supply will increase
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

Money is any medium that is universally accepted in an economy by sellers of goods and services as payments for the goods and services and by creditors as payment for debts.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

asan beg

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you :)


ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Question Question
How to calculate present value using the compound interest formula (Question 1) How to calculate present value using the compound interest formula (Question 1)
Urine Color Can Signal Dehydration Urine Color Can Signal Dehydration
Babinski response Babinski response
Language and Color Perception Language and Color Perception
Response of corn selected for high and low oil content over 76 generations Response of corn selected for high and low oil content over 76 generations
Video: Role of transport in a cell

For a complete list of videos, visit our video library