If you use a check to pay your monthly rent,
A) the check is considered money because you received something in return.
B) the check is not money because it is just an instruction to your bank to make a payment.
C) you have used money because the landlord accepted it as a means of payment.
D) the check becomes money when it arrives at the landlord's bank.
E) the check is not money because it is not part of M1.
B
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A multinational agency that specializes in making loans to a larger number of developing nations to promote long-term development and growth is
A) the International Bank. B) the World Bank. C) the International Monetary Fund. D) the World Monetary Fund.
If the Canadian dollar depreciates, holding other things constant, it makes Canadian imports
a. More expensive for Canadian customers b. Less expensive for Canadian customers c. Neither more or less expensive for importers d. None of the above