M0 is the ___ from which other forms of money are created
Basis
Vertex
The other answers are correct
What checks are part of demand deposits?
Gift vouchers
Traveller's checks
The other answers are correct
Like checks, automatic collection cards, as a means of completing a transaction through their link with demand deposits, can be considered as a form of ___
Exchange
Money
Barter
What is the correct statement?
M1 is a broader classification of money than M2
The other answers are correct
M2 is a broader classification of money than M1
What repurchase agreements are part of M3?
Long-term repurchase agreements
The other answers are correct
Short-term repurchase agreements
When money is used to mediate in the exchange of goods and services, it's performing a function as a ___
Medium of exchange
Unit of account
Store of value
Are precious metals divisible?
Yes
If
No
Why are the coins made with ridges around the edges?
The other answers are correct
So that any extraction of material form the coins is easily detected
To have less weight
The Central Bank creates electronic money through ___
ATMs
None of the other answers is correct
Loans to private banks
The Consumer Price Index measures the prices of ___
A selection of goods and services purchased by a "typical consumer"
A good or service purchased by a "typical consumer"
The other answers are correct
The ___ value is adjusted for the effects of inflation
Current
Real
The other answers are correct
Types of inflation according to the value of the ratio: ___ and moderate inflation
Gigainflation
Hyperinflation
Metainflation
Monetarists see ___ policy, or government spending and taxation, as ineffective in controlling inflation
The other answers are correct
Monetary
Fiscal
How many types of inflation are there according to Keynesians?
Three
Four
Two
Cost inflation my be due to natural disasters, ___ of potencial production or increased prices of inputs for other reasons (in the production system)
A rise
A fall
A maintenance
Self-built inflation is based on the assumption that workers try to keep their wages above prices (above ___)
Interest rate
Inflation
The other answers are correct
Control of aggregate demand can be achieved using ___
Fiscal policy
Monetary policy
The other answers are correct
If the value of the reference currency falls, the value of the currency linked to it ___
Falls
The other answers are correct
Rises
Under the ___ agreement, most countries in the world had currencies that were pegged to the US dollar
Breton Wools
Breton Woods
Breton Cottons
Gold ___ is a monetary system in which the common medium of exchange is banknotes that are normally freely convertible into predetermined, fixed amounts of gold
Reason
Model
Standard
What is the characteristic of gold?
Homogeneity
The other answers are correct
Heterogeneity
___ economists were in favor of a return to a one hundred percent gold standard
French
Austrian
American
Price and wage controls have been successful in wartime in combination with ___
The other answers are correct
Abundance
Rationing
In general the advice of economists ___ imposing price controls
Isn't
Is
The other answers are correct
The ___ system is the system that allows money transfers between savers and borrowers
Banking
Financial
The other answers are correct
The ___ includes the European Central Bank and the national central banks of those countries that have adopted the euro