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Question 15 (1 point) The direct exchange of goods and services for other goods and services is known as A) primitive trade. B) nonmarket trade.

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Question 15 (1 point) The direct exchange of goods and services for other goods and services is known as A) primitive trade. B) nonmarket trade. C) barter D) purchasing power parity. purchasing power parity. O barter O primitive trade. O nonmarket trade. Question 16 (1 point) The money supply is A) the rate at which the Federal Reserve Board prints currency. B) limited to currency and coins. C) the amount of money in circulation. D) the rate at which the Federal Reserve Board creates money. the amount of money in circulation. the rate at which the Federal Reserve Board creates money. the rate at which the Federal Reserve Board prints currency. limited to currency and coins. Question 17 (1 point) M1 includes Cash and coins Trasnaction Deposits Travelers Checks Savings Accounts Question 18 (1 point) The difference between M1 and M2 is M2 includes near moneys while M1 does not. True False Question 19 (1 point) An example of near moneys is A) antiques. B) deposits in a passbook savings account. C) a house. D) a share of Microsoft stock

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