FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is characteristic of U.S. fiduciary money? Question 7 Select one: a. It is intangible and created by depository intermediaries when making

Which of the following is characteristic of U.S. fiduciary money? Question 7 Select one: a. It is intangible and created by depository intermediaries when making loans to borrowers b. It is held as demand deposits at banks, credit unions, and savings associations c. It can be exchanged for Federal Reserve notes or used for making transactions d. Each of these answers is correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Economics

Essentials of Economics

Authors: Bradley Schiller, Karen Gebhardt

10th edition

125923570X, 978-1259235702

More Books

Students also viewed these Economics questions

Question

★★★★★
Do any of the four examples amount to unethical ads, or are they all reasonable? If any strike you as wrongful, which one(s) and for what reason(s)?

Answered: 1 week ago

Question

★★★★★
Santinis new contract for 2022 indicates the following compensation and benefits: Santini is 54 years old at the end of 2022. He is single and has no dependents. Assume that the employer matches...

Answered: 1 week ago

Question

★★★★★
What type of position is it (academic, nonacademic, postdoctoral fellowship)?

Answered: 1 week ago

Question

★★★★★
Shahid Corporation has three divisions, each operating as a responsibility center. To provide an incentive for divisional executive officers, the company gives divisional management a bonus equal to...

Answered: 1 week ago

Question

★★★★★
The following quotes are the closing spot prices and September futures contract prices for CHF on four consecutive days in July 20xx. You sold two CHF futures contract at the closing price on...

Answered: 1 week ago

Question

★★★★★
What are the three product costs for a manufacturing company? Describe each.

Answered: 1 week ago

Question

★★★★★
10 Given the equation of a line y the y intercept is b x 10. Given the equation of a line, y b = the y-intercept is:

Answered: 1 week ago

Question

★★★★★
"Bathworks Company wants to estimate its ending inventory based on the following data: beginning inventory of $70,000, net sales revenue of $195,000, purchases of $140,000, and a normal gross margin...

Answered: 1 week ago

Question

★★★★★
what were behind the sad and beautiful stories of these establishments? when one fails in business, what was missing? what went wrong? when one succeeds, what are the trade secrets?

Answered: 1 week ago

Question

★★★★★
You are in the role of a hacker trying to break down a hash table. The information collected so far indicates the hash table uses Quadratic Probing with h(k, i) = ((k+12) mod m) for collision...

Answered: 1 week ago

Question

★★★★★
* Question Completion Status: Moving to the next question prevents changes to this answer. Question 14 Question 14 of 60 2 points Save Ansver TG Mining has 100 000 shares outstanding and just...

Answered: 1 week ago

Question

★★★★★
+ QUESTION 2: A. From the below information Calculate Working Capital. Debtors $ 55,000 Inventories $ 15,000 Accounts Payable $ 12,000 Cash $ 4,000 Accounts Receivable $ 8,000 Creditors $ 16,500...

Answered: 1 week ago

Question

★★★★★
1) On a graph with the quantity of beer (( ) on the x-axis, and the quantity of corn (Q ) on the y-axis, draw the Home PPF. Which sector is it skewed towards? In autarky, what is the relationship...

Answered: 1 week ago

Question

★★★★★
The role of life: It consists of your own service to yourself.

Answered: 1 week ago

Question

★★★★★
Competence: What knowledge, skills and attitude do I have towards what I am going to do?

Answered: 1 week ago

Question

★★★★★
1. Imagine a real situation in your workplace or home situation, where you have given another person feedback on something he has done. a. What was your intention? b. How was the feedback perceived?...

Answered: 1 week ago

Previous Question Next Question