« previous next »

Author Question: Which of the following is the best definition of money? a. anything generally accepted as a payment ... (Read 27 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Which of the following is the best definition of money?
 a. anything generally accepted as a payment for goods or repayment of debt
  b. anything that is a liability of the federal government
 c. anything that is a liability of a commercial bank
 d. coins and currency in the hands of the public

Question 2

The secondary credit of the discount rate is usually lower than the primary credit, because it is intended for banks in good financial condition.
 a. True
  b. False
  Indicate whether the statement is true or false


Joy Chen

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o
Security Tips for Accepting Various Forms of Payment Security Tips for Accepting Various Forms of Payment
Security Tips for Accepting Various Forms of Payment Security Tips for Accepting Various Forms of Payment
Students and Money Students and Money
How to choose the right payment plan with changing conditions (Question 5) How to choose the right payment plan with changing conditions (Question 5)
A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ... A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ...
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library