Please answer all 3! Thank you!! The transactions demand for money Question 40 o
ID: 1173956 • Letter: P
Question
Please answer all 3! Thank you!!
The transactions demand for money
Question 40 options:
is unrelated to nominal Gross Domestic Product (GDP).
varies directly with nominal Gross Domestic Product (GDP).
varies inversely with nominal Gross Domestic Product (GDP).
varies negatively with nominal Gross Domestic Product (GDP).
The money supply is
Question 37 options:
the amount of money in circulation.
limited to currency and coins.
the rate at which the Federal Reserve Board prints currency.
the rate at which the Federal Reserve Board creates money.
Small-denomination time deposits are
Question 36 options:
included in the definition of both M1 and M2.
the same as transaction deposits.
included in the definition of M1, but not in M2.
considered part of near money.
is unrelated to nominal Gross Domestic Product (GDP).
varies directly with nominal Gross Domestic Product (GDP).
varies inversely with nominal Gross Domestic Product (GDP).
varies negatively with nominal Gross Domestic Product (GDP).
The money supply is
Question 37 options:
the amount of money in circulation.
limited to currency and coins.
the rate at which the Federal Reserve Board prints currency.
the rate at which the Federal Reserve Board creates money.
Explanation / Answer
40)
Right answer : Varies directly with nominal Gross domestic product ( GDP) ‘
As the size of GDP become bigger, demand for transactions in goods and services also experiences rise.
37)
Right answer : Amount of money in circulation.
It includes currency., coin and some forms of deposits.
36)
Small denomination time deposits are part of M2 and M1 is part of M2
Thus, right answer is : Included in the definition of both M1 and M2.
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