The currency component includes paper money and coins held in
A)bank vaults.
B)ATMs.
C)the hands of the nonbank public.
D)the central bank.

Question

Quizplus · Accepted Answer

Currency in circulation includes paper money and coins held by the nonbank public, meaning individuals and businesses. This is different from currency held in bank vaults or by the central bank. ATMs can hold currency, but it is not considered part of currency in circulation.

The Currency Component Includes Paper Money and Coins Held in