Checks are:
A) Not a means of payment
B) Not money
C) Not a promise of any kind
D) Not acceptable by the U.S.Government for payment of taxes
Correct Answer:
Verified
Q37: In comparing money to a U.S.Treasury bond
Q38: Comparing checks and currency, we can say:
A)Both
Q39: The value of fiat money:
A)Comes from its
Q40: When the Continental Congress issued currency to
Q41: One major difference between a debit card
Q42: Which of the following assets is the
Q43: Recently, M1 has become:
A)A more useful measure
Q44: Checks and currency function similarly, however:
A)Currency is
Q45: To say an asset is liquid implies
Q46: Which of the following lists correctly orders
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