米什金-货币金融学-英文版习题答案chapter-3英文习题.doc

EconomicsofMoney,Banking,andFinancialMarkets,11e,GlobalEdition(Mishkin)

Chapter3WhatIsMoney?

3.1MeaningofMoney

1)Toaneconomist,________isanythingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.

A)wealth

B)income

C)money

D)credit

Answer:C

AACSB:ApplicationofKnowledge

2)Moneyis

A)anythingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.

B)aflowofearningsperunitoftime.

C)thetotalcollectionofpiecesofpropertythatareastoreofvalue.

D)alwaysbasedonapreciousmetallikegoldorsilver.

Answer:A

AACSB:ApplicationofKnowledge

3)Currencyincludes

A)papermoneyandcoins.

B)papermoney,coins,andchecks.

C)papermoneyandchecks.

D)papermoney,coins,checks,andsavingsdeposits.

Answer:A

AACSB:AnalyticalThinking

4)Eveneconomistshavenosingle,precisedefinitionofmoneybecause

A)moneysupplystatisticsareastatesecret.

B)theFederalReservedoesnotemployorreportdifferentmeasuresofthemoneysupply.

C)themoneynessorliquidityofanassetisamatterofdegree.

D)economistsfinddisagreementinterestingandrefusetoagreeforideologicalreasons.

Answer:C

AACSB:ReflectiveThinking

5)Thetotalcollectionofpiecesofpropertythatservetostorevalueisapersons

A)wealth.

B)income.

C)money.

D)credit.

Answer:A

AACSB:ApplicationofKnowledge

6)Apersonshouseispartofher

A)money.

B)income.

C)liabilities.

D)wealth.

Answer:D

AACSB:AnalyticalThinking

7)________isusedtomakepurchaseswhile________isthetotalcollectionofpiecesofpropertythatservetostorevalue.

A)Money;income

B)Wealth;income

C)Income;money

D)Money;wealth

Answer:D

AACSB:ReflectiveThinking

8)________isaflowofearningsperunitoftime.

A)Income

B)Money

C)Wealth

D)Currency

Answer:A

AACSB:ApplicationofKnowledge

9)Anindividualsannualsalaryisher

A)money.

B)income.