Part of the reason that people confuse money and income is because
A) money is tangible, but income is intangible.
B) money serves as the unit of account.
C) money is abstract, but income is concrete.
D) income is almost impossible to measure.
Correct Answer:
Verified
Q43: The principal difference between income and money
Q44: The Fed's principal objective is to
A)make profits
Q45: Quantitative easing refers to open-market purchases of
Q46: Investment spending is sensitive to interest rates.
Q47: Investment spending is lower when interest rates
Q49: The central bank of the United States
Q50: The Federal Reserve System functions as America's
A)tax
Q51: Income is measured as
A)average cash holdings per
Q52: Are money and income the same thing?
A)No,
Q53: Money supply is to income as
A)real is
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