Neutrality of money refers to
A) a certain percentage change in the money supply has the same percentage change in economic activity.
B) a one-time change in the money supply has a one-time change in economic activity.
C) a one-time change in the money supply affects consumption and investment decisions only.
D) a one-time change in the money supply has no real consequence for the economy.
E) money being a medium of exchange for everyone.
Correct Answer:
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Q10: Barter,the exchange of goods for goods,relates to
A)
Q11: The most distinguishing economic feature of money
Q12: Which of the following is included in
Q13: Buying an item with cash would be
Q14: Price tags attached to goods for purchase
Q16: The quantity of money in circulation is
Q17: Use of money to save up for
Q18: Fiat money is
A) commodity money.
B) commodity-based paper
Q19: In formulating its monetary policy,the Bank of
Q20: The double coincidence of wants problem is
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