Ch 10 HS Economics

Descrição

Quiz
Jeremy Allen
Quiz por Jeremy Allen, atualizado more than 1 year ago
Jeremy Allen
Criado por Jeremy Allen quase 8 anos atrás
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Resumo de Recurso

Questão 1

Questão
A money that can be saved without losing its value over time acts as a
Responda
  • fiat money
  • medium of exchange
  • standard of value
  • store of value

Questão 2

Questão
Savings deposits are near money because
Responda
  • a check must be written for payment
  • they are stored in a bank
  • savings passbooks are not accepted as payment
  • their value fluctuates over time

Questão 3

Questão
Which of the following properties best explains why gold has been used so often as money?
Responda
  • uniformity
  • currency
  • portability
  • scarcity

Questão 4

Questão
An economist who wanted to know how much money is available for Americans to spend today and in the near future would look at
Responda
  • M2
  • M1 plus M2
  • M1
  • M2 minus M1

Questão 5

Questão
The First Bank of the United States
Responda
  • failed to achieve Hamilton's goals and therefore it was dissolved
  • achieved its goals, yet opponents convinced Congress not to renew the charter
  • was dissolved by Andrew Jackson because he distrusted it
  • fell into mismanagement after Hamilton was killed by Burr

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