The largest means of payment in the United States is:
A) savings deposits.
B) checkable deposits.
C) cash.
D) credit cards.
Correct Answer:
Verified
Q48: To be considered money,an asset must be:
A)
Q49: Reserves held at the Fed are:
A) kept
Q50: The single largest category of means of
Q51: In the United States,the largest category of
Q52: The monetary base consists of currency:
A) plus
Q54: M1 is equal to currency plus:
A) checkable
Q55: Reserves held by banks are mainly held
Q56: Which serves as a means of payment
Q57: Which asset is the LEAST liquid?
A) a
Q58: Which is included in M2?
A) currency
B) checkable
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