{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Which of the following would not be considered a

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
4. Which of the following would not be considered a characteristic of money? a. It is a store of value b. It is a means of payment c. It must have intrinsic value d. It is a unit of account 5. The unit of account characteristic of money: 6. The high transaction costs associated with a barter system refers to: 7. In comparing money to a U.S. Treasury bond held by an individual, we can say: 8. To say an asset is liquid implies that: a. We are focusing on a category of assets that are in a physically liquid form, like oil b. We are considering assets that may be readily converted into a means of payment c. We are considering any asset that can be sold d. We are only considering U.S. currency 9. The money aggregate M2 includes: 10. The introduction of money market substitutes for basic checking accounts was fueled partially by:
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern