中级宏观经济学付费版题库4经济增长Ⅰ.pdfVIP

Name: __________________________ Date: _____________ 1. Economists use the termmoney to refer to: A) income. B) profits. C) assets used for transactions. D) earnings from labor. 2. Macroeconomists call assets used to make transactions: A) real income. B) nominal income. C) money. D) consumption. 3. All of the following are considered major functions of moneyexcept as a: A) medium of exchange. B) way to display wealth. C) unit of account. D) store of value. 4. People use money as a store of value when they: A) hold money to transfer purchasing power into the future. B) use money as a measure of economic transactions. C) use money to buy goods and services. D) hold money to gain power and esteem. 5. People use money as a unit of account when they: A) hold money to transfer purchasing power into the future. B) use money as a measure of economic transactions. C) use money to buy goods and services. D) hold money to gain power and esteem. 6. People use money as a medium of exchange when they: A) hold money to transfer purchasing power into the future. B) use money as a measure of economic transactions. C) use money to buy goods and services. D) hold money to gain power and esteem. 7. When a pizza maker lists the price of a pizza as $10, this is an example of using money as a: A) store of value. B) unit of account. C) medium of exchange. D) flow of value. 8. Moneys liquidity refers to the ease with which: A) coins can be melted down. B) illegally obtained money can be laundered. C) loans can be floated. D) money can be converted into goods and services. 9.