What are the components of the M1 money supply ? what is the largest component ?which of the components of M1is legal tender? why is the face value of a coin greater than it's interinsic value ? what near- monies are included in the M2 money supply ? How does the purchasing power of the dollar relate to the nations's price level?

What are the components of the M1 money supply ? what is the largest component ?which of the components of M1is legal tender? why is the face value of a coin greater than it's interinsic value ? what near- monies are included in the M2 money supply ? How does the purchasing power of the dollar relate to the nations's price level?

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter14: Money And The Federal Reserve System

Section: Chapter Questions

Problem 10SQ

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Yes, SANParks can refuse to take your cash, says the Reserve BankAt the start of September, South African National Parks (SANParks) will stop accepting cash payments at the entrances, and inside, some of its parks, a policy to be implemented across every national park during 2023.And that is quite alright, says the SA Reserve Bank, as custodian of the rules intended to manage the currency.SanParks announced its roadmap for going cash free – both for the convenience of visitors and for reasons of safety – on Wednesday. The impact of the above decisions by SANParks will have its impact on…a) …the M1 measure of money.b) …the M2 measure of money.c) …the M3 measure of money.d) …the number of notes and coins in circulation in the economy.
Yes, SANParks can refuse to take your cash, says the Reserve Bank At the start of September, South African National Parks (SANParks) will stop accepting cash payments at the entrances, and inside, some of its parks, a policy to be implemented across every national park during 2023. And that is quite alright, says the SA Reserve Bank, as custodian of the rules intended to manage the currency. SanParks announced its roadmap for going cash free - both for the convenience of visitors and for reasons of safety – on Wednesday. Source: https://www.businessinsider.co.za/sanparks-is-legally-allowed-to-refuse-cash-reserve-bank-says-2021-8 Accessed: 23/08/21 The impact of the above decisions by SANParks will have its impact on... a) .the M1 measure of money. b) .the M2 measure of money. c) .the M3 measure of money. d) .the number of notes and coins in circulation in the economy. ... ...
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Question 1: If required reserve ratio is 20%, what is the amount of initial deposit needed to create money of $400. Question 2: increased international trade reduces the demand for a country’s products that are produced more efficiently abroad(importing-competing industry). This increases in trade ____, the demand for workers in importing-competing industries and ____ their wages question 3: Unskilled workers in poultry processing plants unionize, then the real wage of unskilled workers is predicted to ___ and employment of unskilled workers in poultry plants Is predicted to ____
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