Macro Summer 2010 HW_9 student version - macro/hw9 Chapter 9 1 Money eliminates the need for a coincidence of wants primarily through its use as a A

macro/ hw 9 Chapter 9 1. Money eliminates the need for a coincidence of wants primarily through its use as a: A. Unit of account B. Medium of exchange C. Store of value D. Standard of confidence 2. Checkable deposits are: 3. Paper money in the United States comes in the form of: 4. Which of the following would be considered to be the most liquid? Use the following table to answer the next question(s) about the money supply given the following hypothetical data for an economy. 5. Refer to the above table. The size of the M 1 money supply is: A. $1,940 B. $2,080 C. $2,220 D. $2,730