Near money means:
A) Money substitutes such as credit cards
B) Chequing accounts
C) They are not backed by gold
D) They do not function as a medium of exchange but they serve as a store of value
Correct Answer:
Verified
Q50: In 2017, the value of M2++ in
Q51: Coins held in chartered banks are:
A)included in
Q52: Near-monies are important:
A)because they are likely to
Q53: Demand deposits are classified as money because:
A)they
Q54: Demand deposits are:
A)included in M1.
B)not included in
Q56: What function is money serving when you
Q57: In Canada the money supply (M1) is
Q58: The paper money used in Canada is:
A)National
Q59: One reason that "near-monies" are important is
Q60: The amount of money reported as M2:
A)is
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