• 2022-06-06
    Checks are NOT money because they
    A: are issued by banks, not by the government.
    B: are merely instructions to transfer money.
    C: have value in exchange but little intrinsic value.
    D: are not backed by either gold or silver.
  • B

    内容

    • 0

      The role of money as a store of value refers to: () A: the value of<br/>money falling only when the money supply falls. B: the value of<br/>money falling only when the money supply increases. C: the fact that<br/>money allows worth to be stored readily. D: the fact that<br/>money never loses its value compared with other assets.

    • 1

      Although not a unique store of value, people find money a convenient store of value because A: it does not decline in value when prices rise. B: its value remains fixed to the price level; that is, if prices double so does the value of money C: it is the most liquid asset. D: of all of the above E: of none of the above

    • 2

      Diamonds have little ______ value and their price depends almost entirely on their scarcity. A: extinct B: permanent C: surplus D: intrinsic

    • 3

      Diamonds have little ( ) value and their price depends almost entirely on their scarcity. A: intricate B: intact C: intriguing D: intrinsic

    • 4

      Diamonds have little ________ value and their price depends almost entirely on their scarcity.(3.3) A: intrinsic B: eternal C: subtle D: inherent