1.Which of the following is not helpful in making something a good money?   Make it from something everyone values like gold.   It is widely accepted for all other goods and services.     Make it from something that wears out quickly.   Make it hard to counterfeit.

Q: COVID-19 has resulted in many persons being unable to work and has led to a decrease in economic…

A: Under various events of uncertainty, there are various tools available before a government to…

Q: Which type of money is being used here? Explain briefly. a) Tea bricks (tea leaves pressed together)…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: Explain the classification of money into three parts prevailing in the economics

A: Actually money refers to a certain money value which is always inscribed on a written paper note or…

Q: Identification __________1. The amount of money people wants to hold as a store of value; this…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub parts…

Q: 1. Will an overnight repo agreement increase or decrease the money supply?

A: A repurchase agreement (repo) is a type of short-term financing for government securities dealers. A…

Q: 24. Suppose an economy has two types of money — gold and silver coins — that are both legal tender…

A: In gresham's law more value money will gradually disappear from circulation. Here we are having…

Q: 4. Describe what is the black money.

A: Money is used as a medium of exchange for buying and selling of goods in an economy. It also acts as…

Q: 3. What are two things that meet the criteria of the functions of money, but may not necessarily be…

A: Money makes the exchange (or transactions) of goods and services accessible. Money can be used as…

Q: In many casinos ,a person buys chips to use for gambling.Within the casino 'swalls, customers often…

A: ANS The four primary functions of money are: Medium of exchange A standard of account Store of…

Q: COVID-19 has resulted in many persons being unable to work and has led to a decrease in economic…

A: The advent of COVID-19 lead to a fall in the economic activity because many people is unable to…

Q: 16. When the supply for money increases and the demand for money reduces, there will be * A fall in…

A: The money market is an economic model describing the provision and demand for money in a nation. The…

Q: 2.) There are three types of money: commodity money, commodity-backed money, and fiat money. Which…

A: Commodity Money : The money which is used as a medium of exchange whose value comes out of commodity…

Q: Explain the role of money in society

A: Explain the role of money in society.

Q: Describe how money contributes to economic activity and allows for a more complex society than…

A: The term "money" refers to anything which is generally accepted as a medium of exchange. There are…

Q: 49. Why is 'fiat money,' such as paper cash, not actually money? (A) It is not gold. (B) It is not a…

A: Money is a unit of account in the economy that serves as a widely accepted medium of exchange for…

Q: Explain the differences between commodity money and fiat money. What are the major disadvantages of…

A: Money came into existence when there was a need to measure the value of the final goods and services…

Q: Explain the simplicity of money creation?

A: The cycle in which the financial system makes checkable deposits(CD) by loaning excess reserves. The…

Q: explain about the money creation and digital money

A: Money creation and digital money.

Q: #27. Identify two examples of commodity money. #28. The U.S. dollar is an example of fiat money.…

A: Money is an economic instrument that is defined by its primary function i.e. to act as a medium of…

Q: Fiat money is generally issued by O private banks. O central banks. O brokerage firms. O major…

A: Fiat money is money not backed by a commodity.

Q: 1. Some government bonds can be redeemed for currency or a check at banks.  Why, then, isn't it…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: elaborate 2 main components of money based on the narrowest definition of money

A: Narrowest definition money or M1 refers to the sum of currency held with the public, demand deposits…

Q: Explain the opportunity cost of holding money and how does it relate to the interest rates

A: Introduction  An opportunity cost is the cost of foregone an alternatives if we choose any other…

Q: Elaborate on the FOUR (4) main functions of money.

A: Money can be defined as anything that can be widely for the transaction of goods and services.

Q: Discuss the role of money over time.

A: Hi, thanks for the question. As per the guidelines we are allowed to first question. If you want the…

Q: What is money? What are the functions of money? What items may serve as money?

A: "Since you have asked the question with multiple subparts, we will solve the first three subparts…

Q: 23. Identify the four major methods the Fed uses to control the money supply. Give two examples of…

A: The central bank of the country controls the commercial banks and their functioning in the economy.…

Q: 2. Explain the effects of excessive money supply and how to stop it.

A: The excessive money supply is the reason for the change in expansionary monetary are purchasing…

Q: All of the money that we use today is commodity money credit cards O fiat money with no intrinsic…

A: Fiat money is a government issued currency that is not backed by a commodity such as gold.

Q: Debate what is a future of crypto currencies?  why it might be a good or bad idea for banks to hold…

A: In recent times, the cryptocurrencies are getting popular and future. The legalization of these…

Q: 1. Explain the differences between commodity money and fiat money. What are the major disadvantages…

A: Money is any commodity that is accepted by the economy as a medium of exchange. Thus, money is any…

Q: Illustrate the tools of money supply

A: The money supply is all the money and other fluid instruments in a nation's economy on the date…

Q: Question 1 (a) The rates of growth of money supply is 10%, of velocity of money circulation 1%, of…

A: In economics, the inflation rate is a measure of inflation, the rate of increase of a price index…

Q: Answer the following:   2. Which of the following is the MOST valid assumption about money? * A.…

A: Introduction 2) The most valid assumption about money is option A) Money alters individuals…