Question 1 A barter transaction between two individuals wou

Question 1 A barter transaction between two individuals would… Question 1 A barter transaction between two individuals would involvean exchange of checking account fundsmoneydouble coincidence of wantsfiat currency Question 2Jeanette took $100 and exchanged it for a used video game console. What function did the $100 serve for Jeanette? unit of accountstore of valueunit of taxationmedium of exchange Question 3One valid criticism of the use of money as a store of value in modern economies is that the money supply is too narrowly defined when considering M2money is not perfect as a unit of accountstoring money is distastefulinflation will result in a loss of buying power Question 4One way that Brianna could use her M1 funds to purchase groceries would be to pay the grocery store using the balance from her money market mutual fund$50 in casha time deposit worth less than $100,000her savings account Question 5A bank has deposits of $850 million. It holds reserves of $60 million and government bonds worth $110 million. If the bank sells its loans at market value of $640 million, what will the bank’s total assets equal? $1,590 million$850 million$790 million$810 million Question 6The people in an economy have $120 million in money. There is only one bank that all the people deposit their money in and it holds 3.8% of the deposits as reserves. What is the money multiplier in this economy? 26.328.612.031.6 Question 7A bank faces a reserve requirement of 4%. If that bank suddenly receives an increase to excess reserves of $50,000, the money supply will _____.increase by $1,250,000decrease by $200,000decrease by $50,000increase by $1,000,000 Question 8A central bank that wants to decrease the quantity of money (i.e., money supply) in the economy can _____. change the reserve requirement from 3 percent to 4 percentlower the discount ratepurchase bonds in open market operationschange the reserve requirement from 2 percent to 1 percent Question 9A central bank that wants to increase the quantity of money (i.e., money supply) in the economy can _____.  increase the discount rateincrease the reserve requirementsell bonds in open market operationspurchase bonds in open market operations Question 10Central bank policy requires Northern Bank to hold 12% of its deposits as reserves. Northern Bank policy prevents it from holding excess reserves. If the central bank purchases $12 million in bonds from Northern Bank, ceteris paribus, what will be the result?  Northern’s loan assets increase by $12 millionNorthern’s net worth changes by $1.2 millionthe money supply in the economy decreasesNorthern’s loan assets increase by $144 million Question 11Suppose in 2019 that nominal GDP was $1,909 billion and the money supply was $785 billion. Approximately what was the velocity of money in 2019? 2.040.450.412.43 Question 12If nominal GDP is 900.00 and the money supply is 98.98, approximately what is velocity?0.119.093.5410.89  Question 13Suppose the velocity is 3.1, the money supply is $1,000 billion, and the price level is 100. Approximately how much will real GDP increase if the central bank increases the money supply by $233 billion and the price level also increases to 109? 9.004.077.2218.20 Question 14Suppose that in 2018, 1.00 U.S. dollar (USD) bought 1.38 Canadian dollars (CAD) and in 2019 1.00 USD bought 1.32 CAD. Approximately how many USD could 1.00 CAD purchase in 2018 and 2019? 2018: 0.60 U.S. dollars; 2019: 0.50 U.S. dollars2018: 0.69 U.S. dollars; 2019: 0.78 U.S. dollars2018: 0.72 U.S. dollars; 2019: 0.76 U.S. dollars2018: 2.85 U.S. dollars; 2019: 2.25 U.S. dollars Question 15If 70 Indian rupees purchased 1 U.S. dollar in 2019 and 89 Indian rupees purchased 1 U.S. dollar in 2020, then from 2019 to 2020 the U.S. dollar _____. cannot be compared to the Indian rupeeappreciated relative to the Indian rupeedepreciated relative to the Indian rupeeremained at a constant value relative to the Indian rupee Question 16A depreciating U.S. dollar is _____ because it is worth _____ in terms of other currencies.strengthening; lessweakening; moreweakening; lessstrengthening; more Question 17If next year 1 Chinese yuan will buy you fewer U.S. dollars, then over the course of the year the Chinese yuan has _____. remained at a constant value compared to the dollardepreciated relative to the dollarbecome a surplus relative to every global currencyappreciated relative to the dollar Question 18If 3.0 euros purchased 1 U.S. dollar in 2021 and 2.7 euro purchased 1 U.S. dollar in 2022, then from 2021 to 2022 the U.S. dollar _____. depreciated relative to the euroremained at a constant value relative to the euroappreciated relative to the eurocannot be compared to the euro Question 19From a macroeconomic point of view, increases in exports are a(n) _____ aggregate demand, and increases in imports are a(n) _____ aggregate demand. addition to; subtraction fromaddition to; addition tosubtraction from; addition tosubtraction from; subtraction from Question 20Ceteris paribus, a _____ can encourage exports of goods made in the United States. stronger U.S. dollarweaker U.S. dollarunchanged U.S. dollarweaker British pound  Hi please answers these questions Business Economics Microeconomics ECON 123

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