#1
Which of the following is not a function of money?
#2
Who issues currency in most countries?
#3
What term describes the situation where there is a sustained increase in the general price level of goods and services?
#4
Which of the following is NOT a characteristic of fiat money?
#5
Which of the following is NOT a characteristic of a good currency?
#6
Which economist proposed the concept of 'fiat money'?
#7
What is the primary function of money as a 'store of value'?
#8
What is the term used to describe the risk associated with changes in the value of investments due to market fluctuations?
#9
Which of the following is NOT considered a form of money?
#10
What is the term for the study of the production, distribution, and consumption of goods and services?
#11
What term is used to describe the increase in the general price level of goods and services over time?
#12
What economic theory argues that the quantity of money in an economy is the primary determinant of the level of economic activity and inflation?
#13
What is the term for the interest rate at which the Federal Reserve lends funds overnight to banks?
#14
Which of the following statements about fractional reserve banking is FALSE?
#15