Which of the following statements about demand deposits is FALSE?
A) They are bookkeeping numbers.
B) They are accounts kept primarily at commercial banks.
C) The paper checks people use to make payments from these accounts are, themselves, money.
D) Checks can be used to transfer demand deposits from one account to another.
Correct Answer:
Verified
Q31: Included in the U.S. money supply are
Q32: Federal Reserve Notes:
A) constitute almost all of
Q33: Which of the following constitutes currency?
A) Coins
Q34: Which of the following statements about traveler's
Q35: Demand deposits are:
A) checking account balances.
B) certificates
Q37: The main difference between other checkable deposits
Q38: Which of the following would NOT be
Q39: Interest-bearing accounts at commercial banks, credit unions
Q40: Demand deposits and other checkable deposits:
A) provide
Q41: Which of the following money supply components
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