Which of the following properties must a good have to be used as money?
A) It should be a durable good.
B) It should be issued by a government of central bank.
C) It should have intrinsic value.
D) It should be shiny.
Correct Answer:
Verified
Q12: The gold standard is an example of
A)
Q13: The causal link between money growth and
Q14: The real return of money is
A) 0.
B)
Q15: Circulating private bank notes
A) have never been
Q16: Some early forms of money,like commodity money,did
Q18: Market exchange is typically an exchange of
Q19: A double coincidence of wants problem can
Q20: The opportunity cost of money is
A) zero.
B)
Q21: The optimal trade-off between current consumption goods
Q22: The Friedman Rule is optimal because
A) households
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