BA 206 (BA 206)
Grantham University
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BA 206 Macroeconomics Final Exam 2020;Already Graded A
- Exam (elaborations) • 7 pages • 2020
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Question 1
Barter transactions involve the use of money.
• Question 2
The use of money as a medium of exchange represents the mostimportant service that money renders.
• Question 3
Currency includes demand deposits.
• Question 4
The money supply known as M1 includes all assets that are good storesof value.
• Question 5
A primary tool of the Federal Reserve System is open market operations.
• Question 6
Commercial banks and credit unions create money in concert with theFed.
...
Exam (elaborations)
BA 206 Macroeconomics Final Exam 2020;Already Graded A
Last document update:
ago
Question 1 Barter transactions involve the use of money. • Question 2 The use of money as a medium of exchange represents the mostimportant service that money renders. • Question 3 Currency includes demand deposits. • Question 4 The money supply known as M1 includes all assets that are good storesof value. • Question 5 A primary tool of the Federal Reserve System is open market operations. • Question 6 Commercial banks and credit unions create money in concert with theFed. ...
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