5.2
We Write Essays For Students
Tell us about your assignment and we will find the best writer for your paper
Write My Essay For Me7.
The public debt is the:
A) Amount of U.S. paper currency in circulation
B) Ratio of all past deficits to all past surpluses
C) Total of all past deficits minus all past surpluses
D) Difference between current government expenditures and revenues
11.
Which is an important problem associated with the public debt?
A) Payments of interest on the debt lead to greater income equality
B) Interest payments on the debt tend to improve economic incentives to work and produce more unemployment
C) Government borrowing to finance the debt may increase the level of private investment
D) Payment of interest on the debt held by foreigners transfers real resources to other countries
5.3
2.
Which of the following is an example of representative money?
A) an IOU note
B) diamonds
C) gold earrings
D) a fur coat
4.
Which is the definition of liquidity?
A) Liquidity is the rate of return on assets held in banks
B) Liquidity is the tax rate applied to the earnings from assets held in banks
C) Liquidity is the ease with which financial assets can be converted into money
D) Liquidity is the profit margin banks can earn on demand deposits
5.
When money specifies the value of something, what function does it serve?
A) medium of exchange
B) store of value
C) unit of measurement
D) standard of payment
6.
What function does money serve when you trade it for some good or service?
A) medium of exchange
B) unit of measurement
C) store of value
D) standard of payment
7.
Match the statement to the definition that fits the best.
A.Johnny washes Mrs. Smith’s car. She offers to pay Johnny with cookies but Johnny prefers cash. |
B.Johnny puts the money he earns from washing cars under his mattress. He will spend it later. |
C.Johnny has $30. He knows he can either buy one pair of jeans or two CDs with that money. |
Measure of Value
Medium of Exchange
Store of Value
Incomplete Submission |
You did not answer the following questions:
Click Ok to answer these questions.
Upload files |
Incomplete Submission |
You did not answer the following questions:
Click Ok to submit the assessment or Cancel to answer these questions.
Answers Saved |
Your answers will be saved, but the assessment will not be submitted.
Click Ok to finish the assessment later or Cancel to continue taking the assessment.
Error |
The following error occurred:
Time warning |
You have minute(s) remaining for this question set.
Error |
The following error occurred while submitting your answers:
Please correct the problem and try submitting again.
Time expired |
Your time has expired. Submit the assessment now or you may be penalized.
Your time has expired. The assessment will be automatically submitted.
Time warning |
You have minute(s) remaining.
Time expired |
Your time for this question set has expired. Proceed to the next question set or submit the assessment now or you may be penalized.
Your time for this question set has expired. You will automatically move to the next question set.
Your time for the last question set has expired. The assessment will be automatically submitted.
ORDER A SIMILAR ESSAY WRITTEN FROM SCRATCH
Save time and money with our essay writers for hire. If you are in search of a dependable academic support provider that offers more than just typical writing services, you have come to the right place. As a cost-effective essay writing service, we not only assist you in crafting outstanding papers but also provide complimentary features.