Debit card
A) is money since it can be used for purchasing goods and services.
B) is money since it shows how much money one has in her/his banking account.
C) is not money because it does not look like money.
D) is not money because it cannot be used a medium of exchange,store of value,and unit of account.
Correct Answer:
Verified
Q6: M2 does NOT include
A)Treasury bonds.
B)passbook savings accounts.
C)small-denomination
Q7: Suppose your bank lowers its minimum-balance requirement
Q8: The following are all functions of money
Q12: Why do people keep currency in their
Q14: Which of the following is NOT part
Q15: M2 includes
A)large-denomination time deposits.
B)institutional MMMFs.
C)commercial paper.
D)M1.
Q15: In some countries the U.S.dollar is used
Q16: One of moneys primary roles in the
Q16: Personal fixed-term savings deposits are included in
Q17: The use of money is more efficient
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