

Understanding Money Supply and Value
Flashcard
•
Financial Education
•
11th Grade
•
Practice Problem
•
Hard
David K
FREE Resource
Student preview

50 questions
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1.
FLASHCARD QUESTION
Front
The entire stock of money in an economy primarily consists of:
Back
Bank notes, coins, and bank deposits
2.
FLASHCARD QUESTION
Front
Assets that can be converted to cash, even though at a cost, are called:
Back
Near monies
3.
FLASHCARD QUESTION
Front
Why does the definition of money supply include bank deposits?
Back
They can be readily converted to cash for transactions.
4.
FLASHCARD QUESTION
Front
Which of the following is NOT part of the primary definition of money supply given in the note? Options: Bank notes, Coins, Bank deposits, Treasury bills
Back
Treasury bills
5.
FLASHCARD QUESTION
Front
The term "entire stock of money" refers to:
Back
The total money available in an economy at a point in time
6.
FLASHCARD QUESTION
Front
The demand for money means the desire to:
Back
Hold money in liquid or cash form
7.
FLASHCARD QUESTION
Front
Demand for money serves simultaneously as a medium of exchange and:
Back
A store of value
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