The liquidity approach to measuring money stresses the role of money as a
A) temporary store of value. B) medium of exchange.
C) unit of accounting. D) standard of deferred payment.
A
Economics
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In the long-run, according to loanable funds theory, the real interest rate is determined by
A. saving and investment B. demand and supply for money C. demand and supply for labor D. aggregate demand and supply
Economics
A rise in the real exchange rate is called
A) a real depreciation. B) a real appreciation. C) a real bargain. D) a real devaluation.
Economics