百度试题 题目Money serves all but which one of the following functions?? Medium of exchange.Hedge against inflationUnit of accountStore of value 相关知识点: 试题来源: 解析 Hedge against inflation 反馈 收藏
Money serves all but which one of the following functions? A.Medium of exchange. B.Hedge against inflation C.Unit of account D.Store of value 点击查看答案
The concept of money serves the following objectives: Serves as a medium of exchange Acts as a value store Can be used as an accounting unit It is imperative to point out that that money plays a vital role in the economy. Money allows people to acquire what they need for them to live ...
aMoney in an economy serves three functions: commodity money is money that would have value even if it were not being used as money. this is usually referred to as having intrinsic value; commodity-backed money is a slight variation on commodity money. While commodity money uses the commodity...
Summary 1. Money is a special commodity which is considered as a general equivalent and reflects a certain social relation of production. 2. The essence of money determines the functions of money, which is the concrete manifestation of the essence of money. Money has the following functions: ...
Money, Banks, and the Federal Reserve System McDonald’s Money Problems in Argentina After studying this chapter, you should be able to: Define money and discuss its four functions. Discuss the definitions of the money supply used in the United States today. Explain how banks create checking ...
Functions of Money The following are the main functions of money: 1. Medium of exchange The primary function of money is to be a medium of exchange. It means that money serves as an intermediary instrument in the acquisition ofgoods and services. The basic assumption of designating money as ...
Money serves commodity production; in the last analysis, the movement of money is conditioned by the movement of commodities, whereas the movement of commodities is conditioned by the production process. Money and ordinary commodities are the two poles of the commodity world forming a unified whole...
The quantity theory of money is the idea that in the long run (金钱的数量理论是从长远来看的——中文由在线翻译而来,仅供参考)A.the quantity of money is determined by banks.货币数量由银行决定。B.the quantity of money serves as a good indicator of how well money functions as a store of ...
useful—you can't eat gold, and it won't keep you warm at night, but the majority of people think it is beautiful, and they know others think it is beautiful. So, gold is something that has worth. Gold, therefore, serves as a physical token of wealth based on people's perceptions....