In the modern U.S. economy, most transactions are made with
a. cash.
b. gold and silver.
c. credit cards.
d. checking deposits.
d
You might also like to view...
If, due to a recession, foreign workers begin to leave the United States to search for temporary work in their home countries until the recession has ended, this will
A) move the home country's economy up along a stationary short-run aggregate supply curve. B) shift the short-run aggregate supply curve of the home country to the left. C) shift the short-run aggregate supply curve of the home country to the right. D) move the home country's economy down along a stationary short-run aggregate supply curve.
When the Fed ________ the money stock, the money supply curve shifts to the ________ and the interest rate ________, everything else held constant
A) decreases; right; rises B) increases; right; falls C) decreases; left; falls D) increases; left; rises