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Money Flashcards | StudBud

Money

5 terms·StudBud Administration·10 plays

A quiz about the field of macroeconomics, as it relates to currency.

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Questions 5

Answers

1
Demand-pull inflation is when aggregate demand increases faster than production
True
False
2
In which of these cities is there a Federal Reserve Bank?
Houston
Laredo
Dallas
Zapata
3
Cost-push inflation is when increases in producation cost less to a smaller supply of goods
True
False
4
Which of these is not a function of money?
A store of value
A medium of exchange
A unit of account
Eric
5
Which of these is not a type of money?
Fiat money
Commodity money
Representative money
pineapples