Home / My Courses / 2025 Fall 1 BADM 7200E for Faik Koray (Online) / Module 2: Money and Inflation
/ Module 2 Homework Assignment
Module 2 Homework Assignment
Status Finished
Started Wednesday, September 3, 2025, 6:10 PM
Completed Friday, September 5, 2025, 7:16 PM
Duration 2 days 1 hour
Grade 100.00 out of 100.00
Question 1
Correct 4.00 points out of 4.00
People use money as a store of value when they:
Select one:
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.
The correct answer is: hold money to transfer purchasing power into the future.
Question 2
Correct 4.00 points out of 4.00
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a:
Select one:
A. store of value.
B. unit of account.
C. medium of exchange.
D. flow of value.
The correct answer is: unit of account.
, Question 3
Correct 4.00 points out of 4.00
A country that is on a gold standard uses:
Select one:
A. commodity money.
B. fiat money.
C. credit money.
D. the barter system.
The correct answer is: commodity money.
Question 4
Correct 4.00 points out of 4.00
All of the following assets are included in M1 except:
Select one:
A. currency.
B. demand deposits.
C. traveler's checks.
D. money market deposit accounts.
The correct answer is: money market deposit accounts.
Question 5
Correct 4.00 points out of 4.00
Credit card balances are included in:
Select one:
A. M1 only.
B. M2 only.
C. both M1 and M2.
D. neither M1 nor M2.
The correct answer is: neither M1 nor M2.
/ Module 2 Homework Assignment
Module 2 Homework Assignment
Status Finished
Started Wednesday, September 3, 2025, 6:10 PM
Completed Friday, September 5, 2025, 7:16 PM
Duration 2 days 1 hour
Grade 100.00 out of 100.00
Question 1
Correct 4.00 points out of 4.00
People use money as a store of value when they:
Select one:
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.
The correct answer is: hold money to transfer purchasing power into the future.
Question 2
Correct 4.00 points out of 4.00
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a:
Select one:
A. store of value.
B. unit of account.
C. medium of exchange.
D. flow of value.
The correct answer is: unit of account.
, Question 3
Correct 4.00 points out of 4.00
A country that is on a gold standard uses:
Select one:
A. commodity money.
B. fiat money.
C. credit money.
D. the barter system.
The correct answer is: commodity money.
Question 4
Correct 4.00 points out of 4.00
All of the following assets are included in M1 except:
Select one:
A. currency.
B. demand deposits.
C. traveler's checks.
D. money market deposit accounts.
The correct answer is: money market deposit accounts.
Question 5
Correct 4.00 points out of 4.00
Credit card balances are included in:
Select one:
A. M1 only.
B. M2 only.
C. both M1 and M2.
D. neither M1 nor M2.
The correct answer is: neither M1 nor M2.
