Under the current U.S. monetary system, _____ are not considered to be money.

Question

Quizplus · Accepted Answer

Checks and debit cards are not considered to be money themselves; they are methods of accessing money in an account. Money, in the context of the U.S. monetary system, typically refers to physical currency and coin, as well as balances in checking and savings accounts that can be accessed directly for transactions. Checks and debit cards facilitate transactions by allowing individuals to transfer funds or access cash, but they are not stores of value by themselves.

Under the Current U