What makes barter incapable of doing credit payments? O a. Coincidence of wants O b. Common unit of measure O c. Impossibility of future payments O d. Difficulty in storing

Q: The key characteristic of financial intermediaries is that they Select one: O a. are always liquid.…

A: A financial intermediary is a company or people that acts as a go-between for various parties to…

Q: Refer to the following table to answer the next three questions. Checkable deposits Currency…

A: Answer: M1: M1 includes highly liquid assets.  M1= Currency + Checkable deposits + Traveler's check…

Q: In your own grocery stores, you attach price tags to your products, you are using money asa Select…

A: Money has three basic functions: Money is used as a medium of exchange, a unit of account, and store…

Q: If the reserve ratio is 0.4, then the money multiplier is equal to O a. 4 O b. 2 O . 2.5 O d. 0.25

A: Answer to the question is as follows:

Q: Which among the following statements is not true about Savings bank deposits? O I t is meant for…

A: A saving account is a account held by a customer at a bank or finnacial institution that pays a…

Q: Households and businesses often hold some of their wealth as non-interest earning money balances…

A: People hold some part of their wealth and some as interest bearing asset.

Q: Suppose that a bank with no excess reserves receives a deposit into a checking account of $8,000 in…

A: here we calculate the maximum amount that the bank can lend out by using the given information and…

Q: Which of the following statements conceming the changes that occur is corret if you were to make a $…

A: Given: Deposit=$200 Reserve ratio=0.10

Q: Compared to a system that uses money, the biggest disadvantage of a barter system is that... a.…

A: Barter system of exchange was used in ancient times under which goods and services were exchanged…

Q: Which answer best describes a credit card? O A. A credit card is a cheap way to borrow money. A…

A: Answer is “ A credit card is very expensive way to borrow money” A credit card is borrowed money…

Q: When you pay your tuition fees by transferring money from your chequing account at TD bank to the…

A: In an economy, M2 money supply include the liquid money as well as near money instruments like…

Q: tion 8 In an OLG model with money: Each gen picks 12 banans when young, 4 bananas when old. Central…

A: Introduction In OLG model, young generation save money in their young times and consume their saving…

Q: Aster won $5,000 on a slot machine. She deposits her $5,000 winnings into a money market fund so…

A: If an individual uses the money to purchase a good as an investment to get more returns in the…

Q: The ease with which an asset can be Select one: O a. converted into a medium of exchange determines…

A: Liquidity means how easy it is to use the asset to make purchases in the market. GDP = Consumption…

Q: Charging a price of $4.99 instead of $5.00 is an example of what type of pricing strategy? Charging…

A: Pricing strategy is the process of fixing th price of good. There are multiple strategy is used to…

Q: 5) The LC tem for the seller's bank is the bank c) payer's a) applicants bj confirming d) receiver's…

A: This LC is nearer to the bank assurance and offers more adaptable joint effort chance to seller and…

Q: Fiat money is O A. a currency that is protected with computer codes B. a currency that is not…

A: Fiat money is the money that is issued by the government that is not backed by any physical…

Q: Most financial assets function as Select one: O a. a store of value and a unit of account but not a…

A: A financial asset is a liquid asset that is valued based on a contractual right or ownership claim.…

Q: Arrange each of the following steps in the order that money evolved in. Store of value Collectible…

A: A medium of exchange in form of banknotes and coins is known as money. It is used for dealing in the…

Q: When the manager of a department store attaches price tags to his/her products, he/she is using…

A: Unit of account is a function of money that implies that money act as a common base of comparison…

Q: Question 12 If you withdraw cash (currency), for AED 750,000 from your small time-deposit account: O…

A: Money supply represents the total stock of money available in an economy. It includes coins, paper…

Q: Currency in Circulation $2,300 Checking Account Balances   3,500 Savings Account Balances…

A: The M1 money supply is also called a narrow money supply. It includes currency in circulation,…

Q: Solve the attachment

A: In common law jurisdictions, a deception(misrepresentation) is a false or misdirecting articulation…

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

A: In an economy, money plays significant role to make an exchange to be effective and efficient.

Q: Which of the following is included in both M1 and M2? (1) currency (II) checking account (III) bank…

A: Money Supply: - In an economy, the total value of money in circulation at a point in time is known…

Q: oney today hol

A: Bartering is the process of trading of services or goods without using of any money between the two…

Q: What are the inherent disadvantages of a barter system?

A: Barter system is an ancient method of exchange that had been into practice before money was…

Q: Sarafina withdraws $450 from her saving account and places the money in her wallet. This transaction…

A:

Q: medium of exchange, the ability to buy goods and services, and checking accour O a. O b. store of…

A: Money is a product acknowledged by broad assent as a mode of monetary trade. It is the medium…

Q: When prisoners use cigarettes or some other good as money, cigarettes become Select one: O a.…

A: Money refers to anything which is generally acceptable in exchange for goods and services or to…

Q: Which of the following is a thrift institution? i. a credit union. ii. the Fed iii. a savings bank.…

A: A thrift institution is a financial institution that obtains the majority of its funds from the…

Q: In economic terms, how would Hilo state what has happened when his coworker says she will help him…

A: Answer: Double coincidence of wants refers to the situation where both the parties get what they…

Q: Assume that you are interested in earning some returnon the idle balances you usually keep in your…

A: M1= cash + checking deposits. Therefore, when a check is written, M1 gets reduced by the withdrawn…

Q: Which of the following could be formulation of Transactions Money (M1)? O A)currency held outside…

A: Money supply refers to the amount of money that is kept by the people of the country in different…

Q: QUESTION 4 Peter withdraws $5000 from his savings account. Then he deposits $4000 in his checking…

A: Here, given information is: Withdrawal from savings account: $5000 Deposits in checking account:…

Q: Which defines a "credit limit"? The total amount you are authorized to charge on a credit card. For…

A: Credit limit is “The amount of cash you can borrow on your credit card”

Q: One implication of an increase in the cash drain to the public is that the... a. Desired reserve…

A: A constraint on the expansion of the supply of money through the creation of money deposits is known…

Q: When money is acting as a medium of exchange, the function it performs is to O a) allow you to…

A: Introduction If money works as medium of exchange then it will help us to exchange easily. Correct…

Q: Most financial assets function as Select one: O a. a medium of exchange and a store of value but not…

A: Answer: Financial assets are used as a store of value. It is not used as a unit of account. No one…

Q: Suppose he barking sylem in country A has 5300 billon in total reserves and S12.000 bilon in money…

A: The required reserve ratio is the ratio of the required reserves to the total deposits.

Q: When prisoners use cigarettes or some other good as money, cigarettes become Select one: a.…

A: Money has three forms i.e. commodity, fiat, and fiduciary.

Q: decide belween buyng a siate p table for $1,800 ar being able to go on a Canadian vacation having…

A: Answer: Correct option: (A) medium of exchange and a standard unit of account Explanation: Here,…

Q: If Rena deposited $1,000 in cash into a chequing account, O A. M1+ decreased and M2+ increased. OB.…

A: Money Supply: - In an economy, the total value of money in circulation at a point in time is known…

Q: If Canadian Tire issues its own "money" and it becomes generally accepted by people in paying for…

A: In the mentioned question we have to tell whether Canadian Tire who issued the money is which type…

Q: . Three goods are produced in an economy by three individuals:Good ProducerApples Orchard…

A: There are three producers produce goods individually: Apples -Orchard owner Bananas -Banana grower…

Q: The Federal Reserve System (FED) helps protect depositors and its member banks by setting O…

A: The FED helps to protect his depositors and it's member bank by setting the limit on how many…

Q: In a barter system, we would see Select one: O a. many different units of money. O b. wide-spread…

A: Barter system can be defined as a system of trade and exchange in which people use goods and…