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- Please answer ASAP this is a very short question Before the Civil War, _____, not the U.S. government, issued paper money that could be redeemed for _____. A)private banks; silver coins B)private banks; gold C)insurance companies; silver coins D)savings & loans; goldHistory of money 1.characteristics? 2. traditional societies? 3. Type of trade?a. tax increase b. economic growth c. expected inflation d. income increase e. currency appreciation f. technology breakthrough Which ones of the above economic factors will increase money supply? Which ones of the above economic factors will increase demand for money ?
- In economics term, define what money isexplain about the money creation and digital moneyIf the central bank purchases government securities from the private money market other things being equal, what would the effect be on the following? a. The economy's monetary base b. Short-term money market interest rates c. Aggregate demand, economic activity and inflation
- The monetary system in any economy facilitates trade and allows people to trade more efficiently as compared to a barter economy. In the United States, the monetary authority is the Federal Reserve System (also referred to as the Federal Reserve, or informally, as the 'Fred'.) Hence what are the requirements for something to be considered money? Why does the dollar have value?. P’Dim and P’Green discusses the use of cowrie shells as money. Although cowrie shells are no longer used as money, do you think other forms of commodity monies are possible? What role might technology play in our definition of money?MONETARY INSTITUTIONS (chapter 17) Questions: Explain briefly Gresham's Law. Note: please do not give a copy & paste answer from Chegg. or course hero thanks for helping to explore my learning about economic
