Which of the following is true?
a. Demand deposits and other checkable deposits have replaced paper and metallic currency as the major source of money used for transactions in the United States.
b. Credit cards are not money; they are substitutes for the use of money in exchange.
c. Most of the money that we use for day-to-day transactions is not official legal tender.
d. all of the above
Question 2
The recognition lag refers to the:
a. time taken for changes in the money supply to be translated into changes in realGDP.
b. time taken by policymakers to formulate an appropriate policy to solve aneconomic problem.
c. time taken by policies to have an impact on the different macroeconomic variables.
d. time taken by policymakers to recognize that an economic problem exists.
e. natural difference between monetary policy timing and fiscal policy timing.
1-16 The Sun’s Daily Path and the Energy It Deposits Here
Comparison of Paper Medical Records and Electronic Health Records
The line that has the yellow tag is a highpressure line and this line must be replaced with a new ...
Rich Energy Deposits
The growing demand for electrical power, carbon sequestration and storage must be a priority
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...