�建 Microsoft Word �档

�建 Microsoft Word �档 - CHAPTER 15 1....

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CHAPTER 15 1. The cost of holding idle balances is: A) Nothing if you hold it in the form of cash. B) Equal to a service charge collected by the bank for obtaining cash. C) The return that could have been earned had the funds been lent out at interest. D) All of the above. 2. The transactions demand for money is most closely associated with which of the following functions of money? A) Standard of deferred payment. B) Standard of value. C) Store of value. D) Medium of exchange. 3. Which of the following is not included in the market demand for money? A) Investment demand. B) Precautionary demand. C) Transactions demand. D) Speculative demand. 4. The speculative demand for money is related to money functioning as a: A) Store of value. B) Standard of value. C) Medium of exchange. D) Unit of account. 5. At the equilibrium rate of interest: A) The portfolio demand for money is equal to the supply of money. B) The speculative demand for money equals the supply of money.
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�建 Microsoft Word �档 - CHAPTER 15 1....

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