Which of the following is not a form of near money?

Question

Quizplus · Accepted Answer

Near money refers to assets that can easily be converted into cash but are not themselves a medium of exchange. Coins are a form of actual money, not near money, because they can be directly used for transactions. Savings accounts, time deposits, and short-term government securities are considered near money because they can be quickly converted to cash but are not used directly for transactions.

Which of the Following Is Not a Form of near Money