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Author Question: One point virtually all economists agree on when defining money is that: a. money must be ... (Read 69 times)

Beheh

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on: Jun 30, 2018
One point virtually all economists agree on when defining money is that:
 a. money must be spendable.
 b. money must be liquid.
 c. money must be accepted as payment.
  d. all of the above are correct.

Question 2

According to the equation of exchange, a contractionary monetary policy must be adopted to offset any decrease in the velocity of money.
 a. True
  b. False
  Indicate whether the statement is true or false


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lorealeza77

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Beheh

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
:D TYSM

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