The set of items that serve as media of exchange clearly includes
A) balances that lie behind debit cards.
B) demand deposits.
C) other checkable deposits.
D) All of the above are correct.
Correct Answer:
Verified
Q44: All U.S.paper dollars read "This note is
Q45: Currency includes
A)paper bills and coins.
B)demand deposits.
C)credit cards.
D)Both
Q46: For purposes of analyzing the money stock
Q47: Paper money
A)has a high intrinsic value.
B)is the
Q48: Which type of money has intrinsic value?
A)commodity
Q50: The measure of the money stock called
Q51: Fiat money
A)is worthless.
B)has no intrinsic value.
C)may be
Q52: If an economy used gold as money,its
Q53: The legal tender requirement means that
A)people are
Q54: Demand deposits are a type of
A)checking account.
B)time
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