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.Management Sciences
A. The value of all coins and currency in circulation at any time
B. Anything that is generally accepted as a medium of exchange
C. The same as income
D. All of the above
Related Mcqs:
- Which of the following statements about money is not true ?
- A. A debit card is not really money because it is only a means of transferring money between accounts B. All the wealth that people hold, in whatever form, should be considered as money C. Wealth held in the current account you hold with your bank is almost as convenient for buying things as wealth … Which of the following statements about money is not true ?Read More...
- According to the simple Keynesian view the aggregate supply curve is ?
- A. downward sloping over all levels of output B. upward sloping over all levels of output C. horizontal until it reaches full capacity and then becomes vertical D. vertical until it reaches full capacity and then becomes horizontal...
- Which of the following policy actions by a central bank is likely to increase the money supply ?
- A. Increasing the refinancing rate B. All of these will increase the money supply C. Buying government bonds in open market operations D. Increasing reserve requirements...
- If The Central bank tries to keep the interest rate constant when the economy is operating on the steep part of the AS curve, _________ will occur?
- A. a hyperinflation B. a depression C. stagflation D. a recession...
- A reduction in interest rates, causes an increases in the monetary base that results in an _________ in the availability of consumer credit and a ________ in the cost of consumer credit?
- A. reduction, increase B. reduction, reduction C. increase, reduction D. increase , increase...
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