【C4】
A. bring
B. take
C. fetch
D. catch
Individuals will accept the medium of exchange in return for goods and services only if they are confident that______.
A. the inflation rate is zero
B. it possesses intrinsic value
C. they can pass it on to others
D. they can exchange it for gold
A sound policy to combat a temporary liquidity shortage in the banking system would be
A. an increase in the discount rate
B. an increase in reserve requirements
C. a reduction in reserve requirements
D. the purchase of government securities under repurchase agreement
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