Which of the following is FALSE?
A) The most liquid assets are those that earn interest.
B) Without money, exchange in conducted by barter.
C) A medium of exchange is something widely accepted as payment for items of value.
D) Barter requires a coincidence of wants.
Correct Answer:
Verified
Q57: When you write a check to deposit
Q58: Why is a smart card less vulnerable
Q59: Digital cash
A) offers no advantages over paper
Q60: Digital cash
A) consists of M1 and M2
B)
Q61: Smart cards and digital cash
A) cannot serve
Q63: Which of the following is FALSE?
A) Banks
Q64: Which of the following is FALSE?
A) All
Q65: Which of the following is FALSE?
A) Balances
Q66: Without money, exchange is conducted by _
Q67: Barter requires a _ of wants.
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