check_circle Expert Answer. One thinks of, e.g., gold having "intrinsic" value, but that describes a commodity use of gold, not use of gold as money. Comment. The underlying assumption in designating a "medium of exchange" is that one cannot acquire a good or service from another, without having to provide the other with something material in exchange. It makes the world go around. Thus it increases organizational value. D) Providing currency. See Answer. A medium of exchange B. C) Regulating the money supply. which one of the following is not a feature of money A) medium of exchange B)lack of divisibility C)a store of value D)a unit of account - Social Science - Globalisation and the Indian Economy Medium of exchange is a term in human-made economics referring to any item that is widely acceptable in exchange for goods and services. The information manager is generally burdened with the following three broad functions: (i) information function (receiving and collecting, recording and preserving, arranging and analysing, and providing information); (ii) operational function (such as systems and procedures, records management, etc. a. For historical reasons, the money demand function is often transformed into a real money demand function as follows. c) Financial internediaries . Question 1 options: a) Medium of exchange . Money's most important function is as a medium of exchange to facilitate transactions. B) Money is a flow variable. A. Bombay Stock Exchange a. To provide a common measurement of the relative value of different goods and services. d. … a. 0%. ... All of the following are necessary criteria for a commodity to function as money EXCEPT. A medium of exchange B. b) Unit of account . Which of the following is a function of money? The liquidity preference curve slopes upward. The velocity of money has a way of frustrating the best-laid plans of central banks. The demand for passive balances is related to the store of value function of money. Acting as a unit of account.c. It is, therefore, essential that the good chosen as money should be such as can be easily stored without deterioration or wastage. Reply and earn points. D. The precautionary demand for money is a function of the interest rate. B) Making loans to banks. Add your answer and earn points. Medium of Exchange B. Barter C. Store of Value 1 See answer m8y8ratpeake is waiting for your help. Which of the following is NOT a function of money? C) Income is a flow variable. Three functions of money are: 1. Acting as a medium of exchange.d. The function of money serves as the generally accepted method of trade for a product or service. It reduces organizational expenses. This management doesn’t support you to keep excess money on hand. Which of the following is a function of money? b. a. storing money c. loaning money b. saving money d. all of the above are functions of financial institutions. A measure of inflation C. A store of value D. A unit of account Which function of money is best served by bitcoin? B) it must be divisible. Which of the following is not a function of the Fed?. Which of the following is true of the money market? ANS: D DIF: 1 REF: 29-1 NAT: Analytic LOC: The role of money TOP: Money MSC: Definitional Money being the most liquid of all assets is a convenient form in which to store wealth, that is, money can be held as an asset. Answer. Added 243 days ago|5/12/2020 3:56:19 AM This answer has been confirmed as correct and helpful. Combine the goods market equations to derive an expression for Y as a function of i (i.e. The velocity of money is a function of interest rates. 8 years ago. Most people will confuse the definition of money with other things, like income, wealth, and credit. d) None of the above . An increase in real GDP. Setting reserve requirements for banks. Money is used to adjust an individual's income for inflation. (a) Commercial Bank (b) Central Bank (c) Both (a) and (b) (d) None of the above. B. Want to see this answer and more? Which one is the Bank of the Public? The three functions of money are quizlet B) correct journal entry is posted twice c. Regulating the supply of money. Login to Docsity. Tweet. Thus store of value function is also called asset function of money. B is the correct answer Question 2 (2 points) The double coincidence of wants is a problem with: Question 2 options: a) Barter . Modern economies use fiat money-money that is neither a commodity nor represented or "backed" by a commodity. Which of the following is NOT a function of money? Production function involves heavy investment in fixed assets and in working capital. b. Which of the following is not a function of financial institutions? b) Money . b. A. A. Production function occupies the dominant position in business activities and it is a continuous process. Money is used to measure material value in the economy. The transactions demand for money is a function of the interest rate. Money market: • Md = P(m 0 + m 1Y – m 2i), where M d is money demand; P is the price level; m 0 (a positive constant) represents exogenous changes to Md; and m 1 and m 2 are also positive constants • Let Ms represent money supply 1. Question 8 Which of the following will cause the demand curve for money to shift to the right? To summarize, money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange. Money is any good that is widely accepted in exchange of goods and services, as well as payment of debts. Answer: (b) Price stability. A) Printing money. This function of money does not require that money is a perfect store of value. Which of the following is a function of money? Which of the following is a TRUE statement? Step-by-step explanation:Given that X, the hip width of men is N(14.2, 0.9)i.e. c. The materials used to manufacture money are of medium grade so that people will not hoard money for its commodity value. derive the IS curve). fullscreen. © VAN SCHAIK PUBLISHERS Question 20 Which one of the following statements is incorrect? To earn more money is not listed as a function of interpersonal communication. Economics. The precautionary demand for money is a function of the interest rate. a. a unit of account b. a store of value c. medium of exchange d. All of the above are correct. A. Advising Congress on fiscal policy. Brainly User Brainly User Barter is not a function of money. (a) Medium of exchange (b) Price stability (c) Store of value (d) Unit of account. A. Functions of Money: In general terms, the main function of money in an economic system is “to facilitate the exchange of goods and services and help in carrying out trade smoothly.” Its basic characteristic is general acceptability. Financial management is a process of utilizing resources. An even function can be reflected about the y axis and map onto itself example: y=x^2 an odd function can be reflected about the origin and map onto itself example: y=x^3 a simple test is the following if f(x) is even then f(-x)=f(x) if f(x) is odd then f(-x)=-f(x) so even function subsitute -x for each and see if we get the same function Which of the following defines the “medium of exchange” function of money? In an economy with inflation, money loses some buying power each year, but it remains money. Which of the following is not a function of money? A) Money and income are flow variables. Which of the following is not a function of money? B. Gold and other precious metals are good stores of value because their shelf lives are essentially perpetual. Question 35. The ability of money to hold value over time. to see other 1 answers. Medium of exchange: Money can be used for buying and selling goods and services. c) Store of value . Third, money serves as a unit of account, which means that it is the ruler by which other values are measured. Check out a sample Q&A here. a. a unit of account b. medium of exchange c. a store of value d. All of the above are correct. B. First, rewrite the function on the right-hand side to get, In this version, the price level, P $ , is brought outside the function f( ) and multiplied to a new function labeled L( ), called the liquidity function. d. Medium of exchange. Which of the following is not a stated function of money? A store of value is an asset that maintains its value, rather than depreciating. Want to see the step-by-step answer? a. The three functions of money are quizlet . Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning? E) Acting as a … Money has little to do with intrinsic value -- what is that, anyway? ); and (iii) public relations function. It focuses on the proper uses of funds for reducing the cost of fund. A) it must deteriorate quickly. 6. Question 3 (2 points) The production cycle depends largely on the marketing function because production is justified when they are resulted in revenues through sales. d) All of the above . D) Money and income are stock variables. shafi. A) Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500. E. Higher rates of interest lead to a higher demand for liquidity. C. The transactions demand for money is a function of the interest rate. The speculative demand for money is a function of the interest rate. Which of the following is not a function of the Fed? Acting as a store of value.b. A. Functions of money are reflected in the following well- …
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