In the United States economy which one of the following is not money?
A) a Susan B.Anthony $1 coin
B) a checking account at a bank
C) a 25-cent piece (i.e.,a quarter)
D) a $20 Federal Reserve note
E) a $100 U.S.Government bond
Correct Answer:
Verified
Q57: Money is legal tender if:
A)people willingly accept
Q62: Fiat money
A)has value because people accept it
B)has
Q63: If money is acceptable because the government
Q65: The value of money is determined by
A)people's
Q68: Any bank that uses deposits to make
Q69: Which of the following are legal tender?
A)checks
B)Federal
Q70: The first bankers were probably
A)carpenters
B)stock brokers
C)goldsmiths
D)sea captains
E)grain
Q72: When prices rise,
A)the purchasing power of money
Q133: The U.S.dollar is backed by gold.
Q140: The U.S.dollar is a good example of
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