Most of today's money is
A) e-money.
B) currency.
C) checkable deposits.
D) credit card money.
E) e-checks.

Question

Quizplus · Accepted Answer

Checkable deposits include money that is held in checking accounts, which is the most common form of money for transactions. While e-money, credit card money, and e-checks are all forms of digital payment, they represent a relatively small portion of the total money supply. Currency (cash) is still widely used, but its share of the money supply has decreased as digital payment options have become more prevalent.

Most of Today's Money Is