The single largest category of means of payment in the United States is:
A) currency.
B) reserves held at the Fed.
C) checkable deposits.
D) savings deposits.
Correct Answer:
Verified
Q45: The monetary base is equal to currency
Q46: The Fed has the most control over:
A)
Q47: Which definition of the money supply includes
Q48: To be considered money,an asset must be:
A)
Q49: Reserves held at the Fed are:
A) kept
Q51: In the United States,the largest category of
Q52: The monetary base consists of currency:
A) plus
Q53: The largest means of payment in the
Q54: M1 is equal to currency plus:
A) checkable
Q55: Reserves held by banks are mainly held
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