The bad money in the law of bad money expelling good money refers to ( ).
A: A money whose nominal value is higher than its real value
B: A money whose nominal value is lower than their real value
C: Money with no nominal value
D: Money with no real value
A: A money whose nominal value is higher than its real value
B: A money whose nominal value is lower than their real value
C: Money with no nominal value
D: Money with no real value
A
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举一反三
- The role of money as a store of value refers to: () A: the value of<br/>money falling only when the money supply falls. B: the value of<br/>money falling only when the money supply increases. C: the fact that<br/>money allows worth to be stored readily. D: the fact that<br/>money never loses its value compared with other assets.
- If money is neutral, then changes in the quantity of money A: do not affect real output. B: affect both nominal and real output. C: do not affect nominal output. D: affect neither nominal nor real output.
- The quantity of real money balances demanded depends on the ____ A: nominal interest rate. B: rate of inflation. C: nominal money supply. D: price level.
- The role of money that does not cause the demand for money is ( ). A: Standard of value B: Means of exchange C: Means of payment D: Store of value
- The concept of time value of money is based on
内容
- 0
Money is a measurement for value of goods and services、
- 1
The value of money is constant over time.
- 2
Real and nominal variables are highly intertwined, and changes in the money supply change real GDP in the short run.
- 3
Although not a unique store of value, people find money a convenient store of value because A: it does not decline in value when prices rise. B: its value remains fixed to the price level; that is, if prices double so does the value of money C: it is the most liquid asset. D: of all of the above E: of none of the above
- 4
The quantity theory of money indicates that in any country the money supply is equated to the demand for money, which is inversely proportional to the money value of the gross domestic product.(<br/>)