Unpredictable Shocks to the Financial System

question 50

Multiple Choice

Unpredictable shocks to the financial system

• A) reduce the demand for money.
• B) increase the demand for money.
• C) cause consumers and firms to switch to credit cards.
• D) affect small depositors more so than large depositors.
• E) result in money neutrality.

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Definitions:

Acetophenone

Acetophenone is an aromatic ketone, known as the simplest aromatic ketone, used as a precursor in the synthesis of fragrances and resins.

β-diketone

A type of organic compound containing two keto (carbonyl) groups separated by a carbon atom, often depicted as RC(=O)CH2C(=O)R'.

Enols

Molecules containing a hydroxyl group attached to a carbon atom that is double-bonded to another carbon atom.

Organic Product

A compound or substance resulting from the chemical reactions involving organic molecules.