Over long periods of time, M2 velocity has been relatively constant

If it can be shown that a tariff on steel imports will increase employment in the steel industry, we can be sure that the effect of the tariff on U.S. employment will also be positive

a. True b. False Indicate whether the statement is true or false

Money functions as a store of value if it allows you to:

Delay purchases until you want the goods Measure the value of goods in a reliable way Increase your confidence in money Make exchanges in a more efficient manner