Which of the following is the most common form of money?
A) Commodity money
B) Currency
C) Paper money
D) Coins
E) Checking deposits
Correct Answer:
Verified
Q24: An economy that uses commodity money will
Q25: The most efficient form of money is
Q26: Throughout history, the most common form of
Q27: The U.S. dollar is not backed by
Q28: About what percentage of M1 is currency?
A)50
Q30: About what percentage of M2 is currency?
A)50
Q31: Which of the following would not be
Q32: M2 includes
A)M1 plus government bonds.
B)M1 plus U.S.government
Q33: Starting in the mid-twentieth century, paper money
Q34: Governments supply virtually all the coin and
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