As a characteristic of money, the principle of stability: a) ensures that money is lightweight and portable.
b) requires money to be readily acceptable for the purchase of goods and services.
c) requires all items used as money to be valued in terms of comparable units.
d) allows people to postpone purchases without fear that their money will decline in value.
e) destroys the ability of money to store value and serve as an effective medium of exchange.

Match each feature with the savings account type

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.