U.S. currency ________.
A) is less efficient than barter
B) includes tobacco
C) is the sum of M1 and M2
D) is composed of the bills and coins held by individual and businesses

Question

Quizplus · Accepted Answer

U.S. currency refers to the bills and coins in circulation that are held by individuals and businesses, making option D the correct choice. Option A is incorrect as currency is more efficient than barter, and option B is incorrect as tobacco is not currently accepted as currency in the United States. Option C is incorrect as M1 and M2 are measures of the money supply in the economy, but do not represent the entirety of U.S. currency.

U.S. Currency ________