A property of an asset that makes it desirable for use as a means of settling debts maturing in the future is a(n)
A) medium of exchange.
B) unit of accounting.
C) store of value.
D) standard of deferred payment.
D
Economics
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In the figure above, if the interest rate is 6 percent
A) there is a $0.1 trillion excess quantity of money and the interest rate will rise. B) there is a $0.1 trillion excess quantity of money and the interest rate will fall. C) the money market is in equilibrium and the interest rate will remain constant. D) there is a $0.1 trillion excess demand for money and the interest rate will rise.
Economics
Which of the following is not a possible implication of federal budget deficits?
a. Crowding out b. Increased interest rates c. Inflation d. Increased trade deficits e. Depreciation of the dollar
Economics