Economics of Money,

Banking, and Financial

Markets, 11e, Global Edition
(Mishkin)
Chapter 3 What Is Money?
3.1 Meaning of Money
1) To an economist, ________
is anything that is generally
accepted in payment for goods
and
services or in the repayment of
debt.
A) wealth
B) income
C) money
D) credit
Answer: C
AACSB: Application of
Knowledge
2) Money is
A) anything that is generally
accepted in payment for goods
and services or in the
repayment of
debt.
B) a flow of earnings per unit
of time.
C) the total collection of pieces
of property that are a store of
value.
D) always based on a precious
metal like gold or silver.
Answer: A
AACSB: Application of
Knowledge
3) Currency includes
A) paper money and coins.
B) paper money, coins, and
checks.
C) paper money and checks.
D) paper money, coins, checks,
and savings deposits.
Answer: A
AACSB: Analytical Thinking
4) Even economists have no
single, precise definition of
money because
A) money supply statistics are
a state secret.
B) the Federal Reserve does
not employ or report different
measures of the money supply.
C) the "moneyness" or
liquidity of an asset is a matter
of degree.
D) economists find
disagreement interesting and
refuse to agree for ideological
reasons.
Answer: C
AACSB: Reflective Thinking
5) The total collection of
pieces of property that serve to
store value is a person's
A) wealth.
B) income.
C) money.
D) credit.
Answer: A
AACSB: Application of
Knowledge
1
Copyright © 2016 Pearson
Education, Ltd.
Economics of Money,
Banking, and Financial
Markets, 11e, Global Edition
(Mishkin)
Chapter 3 What Is Money?
3.1 Meaning of Money
1) To an economist, ________
is anything that is generally
accepted in payment for goods
and
services or in the repayment of
debt.
A) wealth
B) income
C) money
D) credit
Answer: C
AACSB: Application of
Knowledge
2) Money is
A) anything that is generally
accepted in payment for goods
and services or in the
repayment of
debt.
B) a flow of earnings per unit
of time.
C) the total collection of pieces
of property that are a store of
value.
D) always based on a precious
metal like gold or silver.
Answer: A
AACSB: Application of
Knowledge
3) Currency includes
A) paper money and coins.
B) paper money, coins, and
checks.
C) paper money and checks.
D) paper money, coins, checks,
and savings deposits.
Answer: A
AACSB: Analytical Thinking
4) Even economists have no
single, precise definition of
money because
A) money supply statistics are
a state secret.
B) the Federal Reserve does
not employ or report different
measures of the money supply.
C) the "moneyness" or
liquidity of an asset is a matter
of degree.
D) economists find
disagreement interesting and
refuse to agree for ideological
reasons.
Answer: C
AACSB: Reflective Thinking
5) The total collection of
pieces of property that serve to
store value is a person's
A) wealth.
B) income.
C) money.
D) credit.
Answer: A
AACSB: Application of
Knowledge
1
Copyright © 2016 Pearson
Education, Ltd.
LỊCH TRÌNH ÔN THI CUỐI KÌ 1A
ACCOUTING PRINCIPLES (2/11/2022)
Chater slide Date
Chapter 1:
Chapter 2:
Chapter 3:
Chapter 4:
Bài tập
Chapter 5:
Bài tập
Chapter 6
Bài tập

THE ECONOMICS OF MONEY, BANKING AND FINANCIAL MARKETS

(3/11/2022)
Chater slide Chapter book Number of Sentences
Chapter 1: why study Chapter 1 108
Chapter 2: An overview Chapter 2 137
Chapter 3: What is Chapter 3 95
money?
Chapter 4: Central bank Chapter 13 71 (lọc thông tin)
Chapter 5:Comercial
bank
Chapter 6:The meaning Chapter 4 103
of Interest rates
Chapter 7: The behavior Chapter 5 159
Chapter 8:Foreign Chapter 17 122
Exchange
Chapter 9: The Chapter 18 117
international Financial
System

GEP 5 (5/11/2022)

Economics of Money,
Banking, and Financial
Markets, 11e, Global Edition
(Mishkin)
Chapter 3 What Is Money?
3.1 Meaning of Money
1) To an economist, ________
is anything that is generally
accepted in payment for goods
and
services or in the repayment of
debt.
A) wealth
B) income
C) money
D) credit
Answer: C
AACSB: Application of
Knowledge
bEconomics of Money,
Banking, and Financial
Markets, 11e, Global Edition
(Mishkin)
Chapter 3 What Is Money?
3.1 Meaning of Money
1) To an economist, ________
is anything that is generally
accepted in payment for goods
and
services or in the repayment of
debt.
A) wealth
B) income
C) money
D) credit
Answer: C
AACSB: Application of
Knowledge
2) Money is
A) anything that is generally
accepted in payment for goods
and services or in the
repayment of
debt.
B) a flow of earnings per unit
of time.
C) the total collection of pieces
of property that are a store of
value.
D) always based on a precious
metal like gold or silver.
Answer: A
AACSB: Application of
Knowledge
3) Currency includes
A) paper money and coins.
B) paper money, coins, and
checks.
C) paper money and checks.
D) paper money, coins, checks,
and savings deposits.
Answer: A
AACSB: Analytical Thinking
4) Even economists have no
single, precise definition of
money because
A) money supply statistics are
a state secret.
B) the Federal Reserve does
not employ or report different
measures of the money supply.
C) the "moneyness" or
liquidity of an asset is a matter
of degree.
D) economists find
disagreement interesting and
refuse to agree for ideological
reasons.
Answer: C
AACSB: Reflective Thinking
5) The total collection of
pieces of property that serve to
store value is a person's
A) wealth.
B) income.
C) money.
D) credit.
Answer: A
AACSB: Application of
Knowledge
1
Copyright © 2016 Pearson
Education, L