Money that a government has required has required to be accepted in settlement of debts is ?

Related Mcqs:

A bank has excess reserves to lend but is unable to find anyone to borrow the money This will _________ the size of the money multiplier?

A. reduce B. have no effect on C. increase D. double...

If the quantity of money demanded exceeds the quantity of money supplied then the interest rate will ?

A. change in a certain direction B. remain constant C. fall D. rise...

When real income increases other things equal we can expect the demand for real money holdings to ?

A. fall B. not change C. increase D. None of these...

When economies speak of the demand for money which of the following are they asking ?

A. How much cash do you wish you could have? B. How much wealth would you like? C. How much income would you like to earn? D. What proportion of your financial assets do you want to hold in non-interest-bearing forms...

Money has 3 main function they are __________ and __________?

A. IOU , inflation hedge store of value B. Medium of exchange inflation hedge store of value C. Medium of exchange unit of account IOU D. Medium of exchange unit of account store of value E. Medium of exchange unit of account store of value...