THERE IS NO SINGLE PRECISE MEASURE OF MONEY OR THE MONEY SUPPLY FOR...

1)

There is no single precise measure of money or the money supply for economists because

(a) the government considers money supply statistics to be confidential and refuses to publish them.

(b) deciding what is generally accepted in payment for goods and services or in the repayment of

debt is difficult to determine.

(c) economists cannot agree if currency should be considered money.

(d) of each of the above.

(e) of both (a) and (b) of the above.

Answer: B

Question Status: Previous Edition