A. a means of exchange
B. a method of barter
C. anything of intrinsic value
D. All of the above
Related Mcqs:
- According to the quantity theory of money an increase in the money supply is most likely to lead to inflation if ?
A. The velocity of circulation decrease
B. The number of transaction decrease
C. There is deflation
D. The velocity of circulation and the number of transactions is constant - A problem with laissez-faire economic policy is that there is___________________?
A. no flexibility
B. no provision for public goods
C. no profit motives
D. responsiveness to demand - The relationship between population and income is___________________?
A. an increase in income produces a decline in fertility
B. the birth rate rises because of an increase in education
C. the rise in income and population results in a decrease of urbanization
D. working women have more children - A countertrend observable since the 1950s is___________________?
A. a great increase in population in the cities
B. rural areas became very depopulated
C. urban decentralization
D. urban residents providing their own food supply by planting gardens - An ecological city is___________________?
A. the central city suburbs and satellites
B. one with a recycling enter
C. one containing a clean water supply for the area
D. where urban planning originates - An outward shift in the demand for money other things being equals should lead to ?
A. A lower interest rate but the same quantity of money
B. A higher interest rate but the same quantity of money
C. A higher quantity of money but lower interest rates
D. A higher quantity of money but the same interest rate - A demand-side theory that focuses on the role of money to finance aggregate demand is termed__________?
A. monetarism
B. Reaganism
C. the gold standard
D. cash and carry - Love of money peace and God are American ?
A. Norms
B. folkways
C. values
D. mores - The Federal Reserve Bank regulates the money supply by__________________?
A. establishing minimum reserve requirements of member banks
B. the discount rate it charges member banks
C. buying and selling government securities
D. all of the above - individuals who hold lesser positions and make less money than their parents are displaying_____________?
A. status inconsistency
B. horizontal mobility
C. intragenerational mobility
D. intergenerational mobility