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时间:2019-08-04
《money and bank test bank chap03》由会员上传分享,免费在线阅读,更多相关内容在教育资源-天天文库。
1、TheEconomicsofMoney,Banking,andFinancialMarkets,9e(Mishkin)Chapter3WhatIsMoney?3.1MeaningofMoney1)Toaneconomist,________isanythingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.A)wealthB)incomeC)moneyD)creditAnswer:CQuesStatus:PreviousEdition2)MoneyisA)any
2、thingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.B)aflowofearningsperunitoftime.C)thetotalcollectionofpiecesofpropertythatareastoreofvalue.D)alwaysbasedonapreciousmetallikegoldorsilver.Answer:AQuesStatus:PreviousEdition3)CurrencyincludesA)papermoneyandc
3、oins.B)papermoney,coins,andchecks.C)papermoneyandchecks.D)papermoney,coins,checks,andsavingsdeposits.Answer:AQuesStatus:PreviousEdition4)Eveneconomistshavenosingle,precisedefinitionofmoneybecauseA)moneysupplystatisticsareastatesecret.B)theFederalReservedoesnotemployorreportdifferent
4、measuresofthemoneysupply.C)the"moneyness"orliquidityofanassetisamatterofdegree.D)economistsfinddisagreementinterestingandrefusetoagreeforideologicalreasons.Answer:CQuesStatus:Revised5)Thetotalcollectionofpiecesofpropertythatservetostorevalueisaperson'sA)wealth.B)income.C)money.D)cre
5、dit.Answer:AQuesStatus:New196)Aperson'shouseispartofherA)money.B)income.C)liabilities.D)wealth.Answer:DQuesStatus:PreviousEdition7)________isusedtomakepurchaseswhile________isthetotalcollectionofpiecesofpropertythatservetostorevalue.A)Money;incomeB)Wealth;incomeC)Income;moneyD)Money
6、;wealthAnswer:DQuesStatus:PreviousEdition8)________isaflowofearningsperunitoftime.A)IncomeB)MoneyC)WealthD)CurrencyAnswer:AQuesStatus:PreviousEdition9)Anindividual'sannualsalaryisherA)money.B)income.C)wealth.D)liabilities.Answer:BQuesStatus:PreviousEdition10)Whenwesaythatmoneyisasto
7、ckvariable,wemeanthatA)thequantityofmoneyismeasuredatagivenpointintime.B)wemustattachatimeperiodtothemeasure.C)itissoldintheequitymarket.D)moneyneverlosespurchasingpower.Answer:AQuesStatus:New11)ThedifferencebetweenmoneyandincomeisthatA)moneyisaflowandincomeisastock.B)moneyisastocka
8、ndincomeisaflow.C)t
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