Debit cards are

A) counted as money because they perform the medium of exchange function of money.
B) not considered money because they merely show that their owners have a relationship to money.
C) are counted as a part of M2 but not M1.
D) counted as money because they provide access to their owners' checkable deposits.

Ans: B) not considered money because they merely show that their owners have a relationship to money.

Economics

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In the debate between equity and efficiency, _____ tend to favor efficiency, while _____ tend to favor equity

a. Keynesians; classicals b. monetarists; supply-siders c. supply-siders; Keynesians d. classicals; supply-siders.

Economics

What best describes Thomas Jefferson's view of how American Indians should be treated?

a. Tribes should be forced to leave their native lands in the east and move west. b. Indians should have full property rights that should be respected by whites. c. Indians could continue to live on their reservations but the federal government should have access to all mining and natural resources on their land.

Economics