UMUC ECON201 Homework 4 Latest 2015

Jun 27th, 2016
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Question Chapter 14 Random Question 1 0 / 1 point In uncertain economic times, ____________________ serves as a way of preserving economic value that can be spent or consumed in the future. a) owning gold b) obtaining a credit card c) refinancing your home mortgage d) buying a new car Question 2 1 / 1 point In an economy with _______________, money loses some buying power each year, but it remains money. a) inflation b) currency c) deflation d) a market orientation Question 3 1 / 1 point __________________ pool the deposits of many investors together and invest them in a safe way like short-term government bonds. a) Money market funds b) Savings deposits c) Time deposits d) Certificates of deposit Question 4 1 / 1 point If Bill performs plumbing upgrades for Alice in exchange for her incorporating his business, then their _________________________ will be satisfied. a) division of labor b) balance of trade c) convenience of exchange d) double coincidence of wants

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umuc econ201 homework 4 latest 2015QuestionChapter 14 RandomQuestion 1 0 / 1 pointIn uncertain economic times, ____________________ serves as a way of preserving economicvalue that can be spent or consumed in the future.a) owning goldb) obtaining a credit cardc) refinancing your home mortgaged) buying a new carQuestion 2 1 / 1 pointIn an economy with _______________, money loses some buying power each year, but itremains money.a) inflationb) currencyc) deflationd) a market orientationQuestion 3 1 / 1 point__________________ pool the deposits of many investors together and invest them in a safeway like short-term government bonds.a) Money market fundsb) Savings depositsc) Time depositsd) Certificates of depositQuestion 4 1 / 1 pointIf Bill performs plumbing upgrades for Alice in exchange for her incorporating his business, thentheir _________________________ will be satisfied.a) division of laborb) balance of tradec) convenience of exchanged) double coincidence of wantsQuestion 5 1 / 1 pointBanks can protect themselves against an unexpectedly high rate of loan defaults and against therisk of ____________________ by adopting a strategy that will ______________.a) an increased reserve requirement; provide loans to a variety of customersb) an asset-liability time mismatch; diversify its loansc) rising interest rates; provide loans to a variety of customersd) rising interest rates; diversify its loansQuestion 6 1 / 1 pointWhich of the follo

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