which of the following is the best definition of money? course hero

What is the deal with Course Hero?

Oct 13, 2017 · 20 . Which of the following is the best definition of money laundering ? A ) legal transfer of funds through the usual international payments mechanisms. B ) the transfer of cash into collectibles that are then transferred across borders. C ) the cross - border purchase of assets that are then managed in a way that hide the movement of money ...

Which best describes money's function as a unit of account?

Dec 25, 2019 · 1 ) Which one of the following is the best definition of a money market instrument ? A ) corporate debt that matures in 90 days or less. B ) investment issued by a financial institution that matures in one year or less. C ) investment issued by a financial institution that matures in 30 days or less.

What is money in economics?

May 24, 2020 · Week 5 Quiz Question 1 1 / 1 pts Of the following, which is the best definition of money multiplier? the ratio of a bank’s assets to its required reserves Correct! the ratio of the actual money supply to the monetary base the positive difference between last year’s inflation rate and this year’s the positive difference between public-held ...

What is the function of money as a store of value?

Oct 08, 2013 · Financial risk basically means that there might be loss which will arise and the possibility is there that the shareholders, investors and other financial stakeholders will lose money instead of gaining from the investment. Thus, the correct answer is a. 7. The gain or loss that results from an investment over a specified period of time is ...

How much do tutors make?

Even in the best of cases, earnings are nothing to brag about. Tutors earn between $1 and $4 for answering student questions. If someone buys your notes, you’ll get between $5 and $20, according to a site representative.

What is course hero?

Course Hero purports to be all about helping students get better grades by giving them access to course materials and tutors. However, both contributors/tutors and clients describe this company as villainous.

What is Quantecon in economics?

Quantecon is a country in which the quantity theory of money operates. The country has a constant population, capital stock, and technology. In year 1, real GDP was $400 million, the price level was 200, and the velocity of circulation was 20. In year 2 the quantity of money was 20 percent higher than in year 1.

What is the quantity theory of money?

According to the quantity theory of money, an increase in the quantity of money will increase the price level.

What is the function of money?

A medium of exchange. Money's function as a store of value can best be described as. something that can be held and exchanged later for goods and services. The higher and more unpredictable the changes in a monetary unit, the. less likely it will be used as a store of value.

What is the function of money as a unit of account?

Money's function as a unit of account can best be described as. an agreed measure for stating the prices of goods and services.

Do banks have excess reserves?

banks have excess reserves. If people decide to transfer their currency into their bank deposits then, all else constant, their decisions will. increase the actual reserves of banks. Suppose that a country has $50 billion in bank reserves, $100 billion in currency held by the public, and $500 billion in bank deposits.

Can banks borrow money from the Bank of Canada?

This means banks may borrow money from the Bank of Canada. if the banking system as a whole is short of reserves. Longer term Canadian government bonds, compared with government of Canada Treasury bills, fluctuate in value, are riskier and therefore carry a higher interest rate.