ECO 203 Week 4 Quiz

In this paperwork of ECO 203 Week 4 Quiz you will find the answers on the next questions:

1. M1 includes all but which one of the following?

2. The transactions demand for money depends on

3. Individuals accept dollars because

4. The fact that money is legal tender increases its

5. According to the M1 definition, the money supply consists of currency held by the public plus

6. To keep the federal funds rate from rising above the target zone, the Fed must

7. If the Fed sells government bonds on the open market, which of the following is likely to occur?

8. When the Federal Open Market Committee buys a government bond from a bank,

9. Transactions that involve the direct trade of one good for another are called

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