Bitcoin is not a suitable form of money because its price is highly variable.  Which one of the functions of money does this violate?   A. Store of value   B. Medium of exchange   C. Unit of account

Q: Barter exchange is typically driven out by a money exchange system because money exchange allows…

A: The exchange system wherein a transaction the participants for other goods or services directly tend…

Q: Money overcomes the problem of a double coincidence of wants inherent in the barter system through…

A: The old trading process of exchange goods is termed a barter system. For decades and long before…

Q: 1. Money has several functions. Enumerate and discuss each function in your own words 2. On the…

A: "Since you have asked multiple questions ,we will solve first question for you.If you want specific…

Q: M2 definition of the Money Supply includes which which of the following?   Question 30 options:…

A: Functions of money . A store of value . a unit of account . a medium of exchange

Q: How are bananas used as a form of money in Bananatown? A. Bananas function as a unit of account and…

A: Money refers to the medium of exchange. Money is accepted as payments for goods and services in an…

Q: Nick is heading out to lunch. He goes to the bank and withdraws $30 from his savings account. He…

A: please find below the answer.

Q: Tony received a rebate of RM2,000 for a hybrid car she purchased in May 2020. Tony put this money in…

A: Money consistently has three main functions. They are store of value, unit of account, and medium of…

Q: When a person takes P5,000 out of his checking account and puts it into a money market deposit…

A: There are four measures of money supply, M1 , M2 , M3 and M4. All of these are arranged in ascending…

Q: Which property is consistent with the functions of money?     Unit of account     medium of…

A: Money has some important functions which are essential for survival of economy.

Q: Q) An economy has high powered money of $10 million. If cash drain is known to be 10%, find the…

A: Required reserve ratio is the minimum amount of reserve that a commercial bank is required to…

Q: . Match each concept in Column A with a definition or example in Column B. Column A Column B а.…

A: Money is something that can be used as a medium of exchange by people of the country.

Q: Which best describes money as a means of payment?   a. Money provides an immediate double…

A: Money is a generally acceptable means of payment in the settlement of all transactions. It acts as a…

Q: Which of the following is NOT a function of money?   A. A medium of exchange   B. A…

A: According to the guidelines we are allowed to answer only one question in one session. If you would…

Q: Which of the following characteristics is true of paper currency? O It is the only type of money…

A: In an economy, money is exchanged in different forms such as paper money, coins, pr other monetary…

Q: Ali purchases a candy bar with his allowance. This represents using money as A medium of exchange. A…

A: Money can be used for exchanging goods and services. A buyer buys goods and pays money in exchange…

Q: priced at $1,299, and the vacation is p $750. He has only $1,537 in his checking account, so he…

A: Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium…

Q: Show a T-account for a bank when you make a deposit of $2000 into your checking account.Assume the…

A: T-account is a visual representation of double entry book keeping showing assets and liabilities.…

Q: Nafisa buried money in her garden to use in an emergency. State, which of the three functions of…

A: Money is something that is accepted as payment for goods and services. It is also a legal tender…

Q: Why should the lack of conversion of denominations of one class of shells into another class among…

A: In a specific country or socio-economic setting, money is any commodity or verifiable record…

Q: Which of the following will cause the money supply to decline?   a.  an open market sale     b.…

A: Monetary policy has is used to affect the money supply in the economy. Reserve requirement, open…

Q: Small-denomination time deposits are included in which of the following measures of the money supply…

A: A time deposit is the deposit in a financial institution which has a specific maturity period. The…

Q: 22.  In the United-States, the money supply, narrowly defined (M1), contains: Group of answer…

A: M1, M2, M3, and M4 are measures of money supply.

Q: answer both please Barter exchange is typically driven out by a money exchange system because money…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A decreae in the required reserve ratio_____-excess reserves and ____ the quantity of money

A: Required reserve ratio is set by Central Bank to adjust the economic fluctuations.

Q: The use of a dollar bill to buy a concert ticket represents the function of money as a Omedium of…

A: The function of money: Medium of exchange: Money is accepted as a means of payment, it initiates the…

Q: If deposits in the banking system are $540, while the reserve ratio is 0.2 and the currency to…

A: Total demand for high powered money can be calculated by using the following formula.

Q: Currency held in the vault of a Bank like Wells Fargo is: a) counted as part of both M1 and M2 b)…

A: Vault cash is not money in circulation.Therefore it is not included in any of the money supply…

Q: Which of the following characteristics of money is associated with the base good being easily…

A: The economics as a study works on the basis of how the economies all over the world operate. The…

Q: Which of the following is not one of the three functions of money? Medium of Exchange Credit for…

A: Money has three important functions.

Q: Money: Only has a function of a medium of exchange represents banknotes, coins, deposits, money…

A: The need of double coincidence of wants is easily avoided by the use of money. It has removed the…

Q: is an object in use as a medium of exchange, but which also has a substantial value in alternative…

A: Money- It is a medium of exchange that includes paper money, coins, and demand deposits.

Q: The transactions demand for money which arises from the medium of exchange function of money.

A: Demand for money arises from the medium of exchange and supply of value functions because people…

Q: If raw whole eggs of uniform size  were used as money, which of the following functions of money…

A: If raw whole eggs of uniform size are used as money, they could be used as a medium of exchange as…

Q: John withdraws $ 100 from his checking account and deposits it in his savings account. What will be…

A: C stands for the money that is in circulation. Since john is firstly withdrawing and then depositing…

Q: A purchase of U.S. government securities by the Fed causes   A. a multiple contraction of the money…

A: If the Fed buys bonds in the open market, it increases the money supply in the economy. If the Fed…

Q: Coins in people's pockets are   A. included in M1, but not in M2.   B. included in M2, but not in…

A: M1 includes money which is highly liquid in nature. like Cash and checking deposits. And, M2…

Q: M1 money includes all of the following except   Question 45 options:   a)  savings accounts   b)…

A: M1 as a measure of money supply includes currency , demand deposits , travelers checks and all the…

Q: Throughout history, all sorts of interesting things have been used as money, including fresh fish…

A: Money can be defined as something which is recognized and is used to carry out transactions. It has…

Q: Under a reverse repurchase, the BSP act as the seller of government securities, thus, the bank's…

A: Under a reverse repurchase, the central bank generally resells government securities to the…

Q: Pls help with below homework.

A: Total Money Supply=$3302 billion Currency in circulation=$1600 billion Transactions account…

Q: An economy has high powered money of $10 million. If cash drain is known to be 10%, find the…

A: Required reserve rate refers to the percentage that the commercial bank kept with the central bank…

Q: “Whenever currency is deposited in a commercial bank, cash goes out of circulation and, as a result,…

A: The money supply in the economy of a nation on the date calculated is both the currency and other…

Q: Treasury Bonds are both a store of value and a medium of exchange. a store of value, but not a…

A: Treasury bond: It is a debt obligation issued by the US government.

Q: Recall the three main roles of money, unit of account, store value, and medium of exchange. Now…

A: Money serves three main important functions: a unit of account (UoA), store value (SV), and medium…

Q: Store owners in the U.S. accept dollars for the purchase of goods and services. Every day, you have…

A: please find below the answer.

Q: A stock market price quotation best exemplify money serving as a __    a. a measure of exchange. b.…

A: In a transactional economy, money is an economic unit that acts as a commonly acknowledged method of…