Commodity money ?

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...

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...

Which of the following events will lead to a decrease in the equilibrium interest rate ?

A. A sale of government securities by the central bank B. An increase in the level of aggregate output C. An increase in the discount rate D. A decrease in the price level...

Banks create money by ?

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