The objects we use as money today include
A) only currency outside the banks.
B) only deposits inside the banks.
C) currency inside banks and bank deposits.
D) currency outside the banks and bank deposits.
E) credit cards and debit cards.
Correct Answer:
Verified
Q119: A bank has $250 in checking deposits,
Q120: M2 equals
A)M1 and is just another name
Q121: Money is best defined as
A)anything that is
Q122: The Banks of the Mississippi has excess
Q123: If the currency drain ratio is 0.2
Q124: The monetary base is equal to
A)Federal Reserve
Q125: An increase in the currency drain ratio
A)decreases
Q126: Open market operations are the
A)lending of reserves
Q128: Which statement about money is most correct?
A)Money
Q129: The Fed's policy is determined by the
A)Federal
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