Demand deposits are essentially
A) coins and currency.
B) based on gold deposits with the Fed.
C) checkable deposits.
D) not legally required to be available sooner than 30 days after a check is presented to a bank.
Correct Answer:
Verified
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
Q62: Money serves which of the following functions?
A)A
Q63: Checkable deposits are money because they are
A)legal
Q64: The main purpose of federal deposit insurance
Q65: Which of the following influences the demand
Q66: Statement I: The regulatory pendulum in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents