Demand deposits are a type of
A) checking account.
B) time deposit.
C) money market mutual fund.
D) savings deposit.
Correct Answer:
Verified
Q49: The set of items that serve as
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
Q55: Which list ranks assets from most to
Q56: M1 equals currency plus demand deposits plus
A)nothing
Q57: The Soviet government in the 1980's never
Q58: When prisoners use cigarettes or some other
Q59: People can write checks against
A)demand deposits and
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