Money performs all of the following functions EXCEPT serving as a
i. medium of exchange.
ii. unit of account.
iii. barter mechanism.
A) iii only B) ii only C) i only D) ii and iii E) i and ii
A
Economics
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Which of the following policies is supported by the idea that producers and workers will demand higher prices and wages when they see the money supply expanding?
A. Discretionary policy B. Fixed rules C. The Fed's eclecticism D. Fiscal policy
Economics
Any increase in autonomous spending will
A) shift the IS curve to the left. B) shift the IS curve to the right. C) cause a movement down along an IS curve. D) cause a movement up along an IS curve.
Economics