A measurement of money that includes currency notes +coins +bank reserves

• m0

• m1

• m2

• m3

it refers to desire of the holder to keep a cash balance as an alternative to financial assets like bonds

• speculative

• precautionary

• transaction

• speculative and precautionary

a type of inflation that when demand for goods and service exceeds production capacity

• built in

• cost push

• demand pull

• built in and cost push

find the value of V if M is equal to 10 and P is equal to 5 and Y is equal to 6

• 3

• 5

• 2

• 4

refers to rapid and unrestrained price increases in an economy, typically at rates exceeding 50% each month over time

• deflation

• hyper inflation

• stagflation

• shrinkflation

persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

• deflation

• hyper inflation

• stagflation

• shrinkflation

component of money interest that is the real price one must pay for earlier availability

• inflationary premium

• risky premium

• pure interest

• total interest

an increase in wealth will ___________ in quantity demanded at each bond price and the demand curve will shift to _________

• increase, left

• increase, right

• decrease, left

• decrease, right

an increase in risk of bonds relative to alternative assets will ___________ in quantity demanded at each bond price and the demand curve will shift to _________

• increase, left

• increase, right

• decrease, left

• decrease, right

an increase in liquidity of bonds relative to alternative assets will ___________ in quantity demanded at each bond price and the demand curve will shift to _________

• increase, left

• increase, right

• decrease, left

• decrease, right