One Reason That "Near-Monies" Are Important Is Because

question 141

Multiple Choice

One reason that "near-monies" are important is because:

• A)they simplify the definition of money and therefore the formulation of monetary policy.
• B)they can be easily converted into money or vice versa, and thereby can influence the stability of the economy.
• C)they do not reflect the level of consumer spending but they have a critical impact on saving and investment in the economy.
• D)credit cards synchronize one's expenditures and income, thereby reducing the cash and chequeable deposits one must hold.

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Definitions:

Viscous

A physical property describing a fluid that is thick and sticky, offering resistance to flow, such as honey or glycerin.

Nephron

The functional unit of the kidney, responsible for the filtration and excretion of waste products from the blood and the regulation of electrolyte and fluid balance.

Edema

A medical condition characterized by the accumulation of excess fluid in the body's tissues, causing swelling.

Albumin

A protein commonly found in blood plasma that helps maintain blood volume and pressure by regulating osmotic forces.