The asset demand for money is related to the function of money called
A. standard of deferred payment.
B. unit of account.
C. medium of exchange.
D. store of value.
Answer: D
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In perfect competition, what is the relationship between the demand for the firm's output and the market demand?
What will be an ideal response?
The Fed prefers that ________ so that ________
A) banks borrow reserves from each other; banks can monitor each other for credit risk B) banks borrow reserves from each other; the Fed can monitor banks for credit risk C) banks borrow reserves from the Fed; banks can monitor each other for credit risk D) banks borrow reserves from the Fed; the Fed can monitor banks for credit risk
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A. domestic banking reserves would decrease. B. the same as it would be with an open market purchase. C. the opposite of what it would be with an open market purchase. D. uncertain.