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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 49
For each of the following, state whether it is considered money in the United States.xplain why or why not.
a.A check you write against deposits you have at Bank USA.
b.Brazilian reals.
c.The available credit you have on your MasterCard.
d.Reserves held by banks at the Federal Reserve Bank.
e.Federal Reserve notes in your wallet.
f.Gold bullion.
g.Grocery store coupons.
a.A check you write against deposits you have at Bank USA.
b.Brazilian reals.
c.The available credit you have on your MasterCard.
d.Reserves held by banks at the Federal Reserve Bank.
e.Federal Reserve notes in your wallet.
f.Gold bullion.
g.Grocery store coupons.
Explanation
Verified
Verified
Here, as you know that, the money is a f...
Macroeconomics 9th Edition by David Colander
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