deciding what is generally accepted in payment for goods and services or in the repayment of debt is difficult to determine. economists cannot agree if currency should be considered money. of each of the above. of both (a) and (b) of the above. B Question Status: Previous Edition ...
What is and isn’t money, however – it’s not written in stone. There could be judgement calls. As a result, economists have defined several different measures of the supply of money. The most important of these are the monetary base and the cleve...
C Have you ever considered the way you spend your money? What do you buy? When do you buy? It is important to use your money wisely. Then, you will have enough for the things you want. You can make smart decisions about your money. All it takes is some careful, smart thinking.One...
bills and coins – they’re definitely money. Most of your payments, however, are probably made by writing a check or using a debit card – both of which transfer funds from your bank account to the seller’s bank account. Checking accounts, therefore, are also considered to be money. ...
For a method of payment to be considered “money,” it has tohave three core functions, it has to be a: Medium of Exchange– meaning an item you can use to trade or acquire something else. In this regard, both parties should agree that the money has value. ...
Have you ever considered the way you spend your money? What do you buy? When do you buy? It is important to use your money wisely. Then, you will have enough for the things you want. You can make smart decisions about your money. One way to be smart with your money is to shop...
So, a long-lasting high stock-to-flow ratio tends to be the best way to measure scarcity for something to be considered money, along with the other attributes on the list above, rather than absolute rarity. A commodity with a high stock-to-flow ratio is hard to produce, and yet a lot...
百度试题 题目 What can be served as money according to the speakerA. Things that are considered valuable by everybody.B. Things that can be used by everybody.C. Things that may be found easily. 相关知识点: 试题来源: 解析 A 反馈 收藏 ...
What Is Considered Anti-Money Laundering? Anti-money laundering (AML) refers to legally recognized rules, national and international, that are designed to thwart hiding criminal profits inside the financial system. Customer due diligence (CDD) refers to practices that financial institutions implement to...
What Is Economics in Real Life? All of us participate in economies. We contribute something to the whole by producing or helping to produce a product or offering a service. In return, we receive money that allows us to buy the goods and services that we can't produce for ourselves. ...