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Module 6 Quiz Part 1

Quiz Part 1

Q Question 1 12 / 12 pts Match each description with the appropriate item. Not all items are used; an item can be used more than once. Much of this matching is in a format similar to the Jeopardy game show. The question gives you the definition or description, and you have to find the item that it defines or describes. Question 2 2 / 2 pts Traveler's checks are part of ___________ money. Question 2 2 / 2 pts Traveler's checks are part of ___________ money. Question 3 2 / 2 pts The term ___________________ describes the percentage of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds. Question 4 2 / 2 pts Which of the following is an asset for a bank? Question 5 2 / 2 pts Money as a _______________ describes the common way in which relative market values are measured in an economy.

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1.A bank that accepts deposits and makes loans What you own These are a liabilities on a bank's books This is a problem for banks This bundles deposits of investors in things like short-term government bonds 2.both M1 and M2 3.reserve ratio 4.Loans and Reserves 5.unit of account