The function of money that allows you to comparison shop is barter facilitator.

Question

The function of money that allows you to comparison shop is barter facilitator. medium of exchange. store of value. unit of account. Which of the following provides a standard definition of the money supply? Money in circulation Money stored in bank vaults Printed money Money stored for distribution at the regional Federal Reserve Banks . The M1 money supply includes each of the following except cash. demand deposits. savings deposits and savings bonds, travelers checks. The requirement on banks to hold only a portion of their deposits as reserves is known as the federal reserve system. the fractional reserve banking system. the federal open market system. the federal deposit insurance system. The percentage of deposits that a bank must hold as reserves by law is known as total reserves. required reserves. excess reserves. the money multiplier. The money multiplier tells the maximum amount that total reserves can increase for a given increase in deposits, that required reserves can increase for a given increase in deposits, that cxccss reserves can increase for a given increase in deposits, that the money supply can increase for a given increase in deposits. The price of loans is the federal funds rate, the discount rate, the open market rate. the interest rate

Explanation / Answer

34. b

35. a

36. d

37. a

38.b

39. d

40. d

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