Homework Answers
37) B)Only currency counts a money
Fiat money has no intrinsic value ,hence it is a currency without any intrinsic value which counts a money.
38)B) CURRENCY HELD BY.......
39)D)Savings deposit
because savings deposits are included in M2
40)D)M1 plus saving deposits, small time deposits , and money market mutual funds.d
M2 includes M1 plus saving deposits, money market funds, certificates of deposits and other time deposits.
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37) Fiat money means A) the money that has intrinsic value. B) only currency counts as...
Gold, silver, and furs, when used as money, are referred to as a- fiat money b-precious...
Gold, silver, and furs, when used as money, are referred to as a- fiat money b-precious money c-paper currency d-commodity money The money supply is considered to be M1. M1 consists of what? a-currency + checking account balances + saving account balances b-currency + checking account balances + travelers' checks c-currency + checking account balances + credit cards d-currency + credit cards + certificates of deposit e-currency only The main purpose of financial intermediaries is that a-the process of finding...
QUESTION 24 In 1980 the price of a microwave oven was $450 and CPI was 82....
QUESTION 24 In 1980 the price of a microwave oven was $450 and CPI was 82. Today the price of a microwave overn is $100 and CPI is 259. Round to two decimal places. What is the 1980 price of a microwave oven measured in todays dollars? $ What is todays price of a microwave oven measured in 1980 dollars? $ 4 points QUESTION 25 The U.S. dollar is called faith money. fiat money because the law decrees it...
. In May 2017, currency held by individuals and businesses was $1,469 billion; traveler's checks were...
. In May 2017, currency held by individuals and businesses was $1,469 billion; traveler's checks were $2 billion; checkable deposits owned by individuals and businesses were $2,034 billion; savings deposits were $8,958 billion; time depos- its were $355 billion; and money market funds and other deposits were $1,746 billion. Calculate M1 and M2 in May 2017.
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402...
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402 billion; savings deposits were $6,884 billion; time deposits were $583 billion; and money market funds and other deposits were S 647 billion. checks were $4 billion; checkable deposits owned by individuals and Calculate M1 and M2 in June 2013 M1 in June 2013 is billion M2 in June 2013 is $ billion.
1.) Gold, silver, and furs, when used as money, are referred to as fiat money precious...
1.) Gold, silver, and furs, when used as money, are referred to as fiat money precious money paper currency commodity money exchange money 2.) The money supply is considered to be M1. M1 consists of what? currency + checking account balances + saving account balances currency + checking account balances + travelers' checks currency + checking account balances + credit cards currency + credit cards + certificates of deposit currency only 3.) The main purpose of financial intermediaries is that...
Items 1. Money market mutual funds held by individuals 2. Savings deposits, including money market deposit...
Items 1. Money market mutual funds held by individuals 2. Savings deposits, including money market deposit accounts 3. Money market mutual funds held by businesses 4. Currency held by the public 5. Small time deposits 6. Checkable deposits Refer to the accompanying list. Which items are included in the M2 money supply but not the M1 money supply?
1 and 2 please 1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card fun...
1 and 2 please
1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card funds available C. checking account balances d. savings account balances e. traveler's checks 2. (2.5 points) For the following, say whether each is included in M2: a. currency b. savings deposits in banks c. everything in M1 d. certificates of deposit worth $250,000 e. a time deposit worth $25,000
The table below shows hypothetical values, in billions of dollars, of different forms of money. a)...
The table below shows hypothetical values, in billions of dollars, of different forms of money. a) Use the table to calculate the M1 and M2 money supplies for each year, as well as the growth rates of the M1 and M2 money supplies from the previous year. b) Why are the growth rates of M1 and M2 so different? Explain. 2011 2012 A Currency 1040 1060 B. Money market mutual fund shares 677 678 C. Saving account deposits 5,980 D....
What are the official measures of money? Are all the measures really money? The two main...
What are the official measures of money? Are all the measures really money? The two main official measures of money in the United States today are The two main official measures of money in the United States really money, O A. M2 and M3; are not B. M1 and M2, are O C. currency and M2, are OD. M1 and M2, are not The table shows the amounts held as the various components of M1 and M2. The value of...
B111Ions of Item Dollars $2,000 350 80 Checkable Deposits Small TIme Deposits Currency Held By The...
B111Ions of Item Dollars $2,000 350 80 Checkable Deposits Small TIme Deposits Currency Held By The Public Savings Deposits, Including Money-Market Deposit Accounts 1,300 600 700 Money-Market Mutual Funds Held By Individuals Noney-Market Mutual Funds Held By Businesses The accompanying table contains hypothetical data for an economy. The size of the M2 money supply is $3,730 $3,980 $4,330. $4,470
. In May 2017, currency held by individuals and businesses was $1,469 billion; traveler's checks were $2 billion; checkable deposits owned by individuals and businesses were $2,034 billion; savings deposits were $8,958 billion; time depos- its were $355 billion; and money market funds and other deposits were $1,746 billion. Calculate M1 and M2 in May 2017.
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402 billion; savings deposits were $6,884 billion; time deposits were $583 billion; and money market funds and other deposits were S 647 billion. checks were $4 billion; checkable deposits owned by individuals and Calculate M1 and M2 in June 2013 M1 in June 2013 is billion M2 in June 2013 is $ billion.
1 and 2 please
1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card funds available C. checking account balances d. savings account balances e. traveler's checks 2. (2.5 points) For the following, say whether each is included in M2: a. currency b. savings deposits in banks c. everything in M1 d. certificates of deposit worth $250,000 e. a time deposit worth $25,000
The table below shows hypothetical values, in billions of dollars, of different forms of money. a) Use the table to calculate the M1 and M2 money supplies for each year, as well as the growth rates of the M1 and M2 money supplies from the previous year. b) Why are the growth rates of M1 and M2 so different? Explain. 2011 2012 A Currency 1040 1060 B. Money market mutual fund shares 677 678 C. Saving account deposits 5,980 D....
What are the official measures of money? Are all the measures really money? The two main official measures of money in the United States today are The two main official measures of money in the United States really money, O A. M2 and M3; are not B. M1 and M2, are O C. currency and M2, are OD. M1 and M2, are not The table shows the amounts held as the various components of M1 and M2. The value of...
B111Ions of Item Dollars $2,000 350 80 Checkable Deposits Small TIme Deposits Currency Held By The Public Savings Deposits, Including Money-Market Deposit Accounts 1,300 600 700 Money-Market Mutual Funds Held By Individuals Noney-Market Mutual Funds Held By Businesses The accompanying table contains hypothetical data for an economy. The size of the M2 money supply is $3,730 $3,980 $4,330. $4,470
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