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Homework answers / question archive / financial assets differ from money in that other financial assets
financial assets differ from money in that other financial assets... a. All of the other options are correct. b. Offer a return in the form of an interest or dividend payment. c. Carry the risk that their values can fluctuate significantly from time to time. d. Cannot be used as a means of payment.
Which of the following is not a function of money? a. Measure of well-being. b. Medium of exchange. c. Unit of account. d. Store of value.
If real money demand is given by L = 100 - 20i, where iis listed in percent (ie, i = 5 means the interest rate is 5 percent), and the Bank of Canada wishes to have an equilibrium interest rate of 4 percent, then the appropriate real money supply is... O a. 20. O b. 120. c. 60. O d. 80