Please I need you Help To say that coins are \"token money\" means that: their f
ID: 1091031 • Letter: P
Question
Please I need you Help
To say that coins are "token money" means that: their face value is less than their intrinsic value. their face value is greater than their intrinsic value. their face value Is equal to their intrinsic value. they are not legal tender. The M2 money supply may be larger or smaller than the M1 money supply depending on the size of small-denominated time deposit balances and Money Market Mutual Fund balances held by individuals. True False The programs enacted to bailout the financial system from crisis in 2007 and 2008 helped alleviate the moral hazard problem In the financial industry. True False Consider the following statement: "When a commercial bank makes loans, It creates money; when loans are repaid, money is destroyed." This statement Is correct because lending decreases the money supply, and the repayment reduces checkable deposits, raising the money supply. incorrect because lending increases the money supply, and the repayment reduces checkable deposits, lowering the money supply. correct because lending increases the money supply, and the repayment reduces checkable deposits, lowering the money supply. incorrect because lending decreases the money supply, and the repayment reduces checkable deposits, raising the money supply. If the required reserve ratio is 10 percent, what is the monetary multiplier? If the monetary multiplier is 4, what is the required reserve ratio? percentExplanation / Answer
MM = 1 / required reserve ratio
required reserve ratio =10%
MM =1/10%=10-answer
==============================
MM = 1 / required reserve ratio
MM =4
required reserve ratio =1/4=0.25