Sophia Final Milestone Macroeconomics
25 questions were answered correctly.
1
Which of the following is NOT a form of treasury security?
ï‚·
Bonds
ï‚·
Notes
ï‚·
Yield
ï‚·
Bills
CONCEPT
Funding Fiscal Policy
2
Which statement below regarding the use of a gold standard is
FALSE?
ï‚·
Paper money is more liquid than gold.
ï‚·
The United States currently uses the gold standard to value its
currency.
ï‚·
Banks developed as a way to store gold safely.
ï‚·
Gold had much more practical value than as jewelry in regards to the
gold standard.
CONCEPT
Gold Standard
3
Which of the following factors would increase if the standard of
living were increasing?