A _________ card is an instruction to the user’s bank to transfer money directly and immediately from your bank account to the seller.
a. smart
b. debit
c. credit
d. money
b. debit
Economics
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The excess of total credits over total debits in the current and private capital accounts is called the
A) BOP deficit. B) BOP surplus. C) official settlements account surplus. D) official settlements account deficit.
Economics
The line of perfect income equality is
A. X.
B. Y.
C. Z.
D. not shown on this graph.
Economics
The monetary policy tool that involves the buying and selling of government bonds is
A) moral suasion. B) reserve requirements. C) the discount rate. D) open-market operations.
Economics
Complete the following sentence. Because money functions as a ________ it eliminates the need for bartering.
A. medium of exchange B. double coincidence of wants C. store of value
Economics