Checks linked to demand deposits are becoming ___ popular
More
Less
The other answers are correct
What deposits are part of M2?
Deposits available with notice up to four months
Deposits available with notice up to two monts
Deposits available with notice up to three monts
M2 is a key indicator used to forecast the ___
Financing
Investment
Inflation
What is the correct statement?
M3 isn't published or disclosed to the public by the Central Bank of the United States
The other two answers are correct
M3 isn't published or disclosed to the public by the European Central Bank
A unit of account is a necessary requirement for the formulaton fo trade agreements that involve ___
Indebtedness
Depreciation
The other answers are correct
Are works of art advisable as money?
The other answers are correct
No
Yes
Money is created by ___
The Central Bank
The Commercial Banks
The other answers are correct
The ___ is an increase in the general level of prices of goods and services in an economy over a period of time
Inflation
Revaluation
Devaluation
Price indices are used to convert nominal values to ___ values or vice versa
Current
Real
The other answers are correct
Calculate the real GDP of 2016 over the year 2015 if the nominal GDP was 80,000 and the CPI was 110%
88,000
72,727.27
85,678.75
The consensus view is that a long sustained period of inflation is caused by a money supply growing (at a rate) ___ than the rate of economic growth
The other answers are correct
Slower
Faster
___ economic theory proposes that changes in the money supply don't directly affect prices, and that visible or measurable inflation is the result of pressures in the economy expressing themselves in prices
Keynesian
Monetarist
The other answers are correct
Demand inflation is generated for a ___ rate of economic growth as a result of excess demand due to favorable market conditions that stimulate investment and expansion
Slower
Faster
The other answers are correct
___ inflation is induced by adaptative expectations
Demand
Self-built
Supply
Keynesian emphasize ___ aggregate demand during economic expansions to keep inflation stable
Increasing
The other answers are correct
Reducing
A ___ exchange rate can be used as a means to control inflation
Fixed
The other answers are correct
Floating
The inflation rate in the country with an ___ exchange rate is determined by the inflation rate of the country of the currency to which it is linked
The other answers are correct
Fixed
Floating
In the latter part of the 20th century, some countries reverted to a ___ excange rate as part of an attempt to control inflation
Floating
The other answers are correct
Fixed
What is the characteristic of gold?
Durability
The other answers are correct
Expiration
The Breton Woods System finally collapsed in ___
1961
1971
1981
Under a gold standard, monetary policy would essentially be determined by the gold ___, which some believed contributed to the Great Depression
Durability
Divisibility
Mining
Artificially low prices often cause rationing and shortages and ___ future investment
Discourage
Encourage
The other answers are correct
In most recent periods in the industrialized world, average wages have increased ___ than most calculated cost of living indices