The asset demand for money is most closely related to money functioning as a:
A. unit of account.
B. medium of exchange.
C. store of value.
D. measure of value.
C. store of value.
You might also like to view...
Which of the following is NOT a reason the Fed alters the rate of growth of the money supply?
A) to influence aggregate demand B) to influence the amount of consumption C) to influence the amount of investment D) to shift the demand for money curve
What is the inflation tax, and how might it explain the creation of inflation by a central bank?
The point where the PPF intersects the vertical axis is
What will be an ideal response?
A per-unit government tax on producers of a good tends to
A. increase the supply of the good. B. not have any effect on the good's supply. C. cause an upward movement along the supply curve. D. reduce the supply of the good.