An item designated as money that is intrinsically worthless is ?

Related Mcqs:

Suppose the central bank purchases a government bond from a person who deposits the entire amount received from the sale in her bank the money supply will ?

A. rise by an amount that depends on the bank’s reserve ratio B. rise by less than the amount of the deposit C. fall by exactly the amount of the deposit as long as the bank does not change its reserve ratio D. fall by exactly the amount of the deposit as long as the … Suppose the central bank purchases a government bond from a person who deposits the entire amount received from the sale in her bank the...

In terms of the demand for money the interest rate represents ?

A. the rate at which current consumption can be exchanged for future consumption B. the price of borrowing money C. The opportunity cost of holding money D. the return on money that is saved for the future...

The money supply is ?

A. State Bank of Pakistan Issue Department B. Money + bank cards + credit cards C. Cheques + money + bank cards + credit cards D. Currency in circulation plus bank deposits...

The motive for holding money that encourages investors to hold bonds when interest rates are low, with the hope of selling them when interest rates are high, is the ?

A. Transactions motive B. precautionary motive C. profit motive D. speculation motive...

Banks create money by ?

A. printing it B. issuing debit cards C. accepting cheques D. lending out part of their deposits...