which of the following is a function of money?

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

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