Which is NOT considered money?
A) Checking account balances
B) Traveler's checks issued by non-banks
C) Credit cards
D) Currency
Correct Answer:
Verified
Q50: The most narrow definition of the money
Q51: The term "double coincidence of wants"
A)means that
Q52: Money performs its job as a standard
Q53: It is generally agreed that when the
Q54: The precautionary demand for money arises
A)because people
Q56: The opportunity cost of holding money
A)is zero
Q57: Large denomination time deposits are included in
A)M2
Q58: The demand for money schedule shows that
Q59: Even though credit cards are used by
Q60: The transaction demand for money is most
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