Debit cards:
A) are considered part of the money supply, since they allow access to a part of the money supply.
B) are not generally accepted as a medium of exchange.
C) are less liquid than stocks and bonds.
D) are a liability for the user of the card.
Correct Answer:
Verified
Q450: Between 1929 and 1933, bank deposits fell:
A)as
Q451: Fiat money is:
A)the same as commodity money.
B)money
Q452: Deposit insurance:
A)is essentially the same as a
Q453: A bank's capital is the:
A)sum of its
Q454: Deposit insurance:
A)can increase the possibility of bank
Q456: Holding everything else constant, if the required
Q457: The most liquid form of money is:
A)M1.
B)M2.
C)stocks
Q458: The use of counterfeit money leads to:
A)costs
Q459: M2 is made up of:
A)M1 plus near-moneys.
B)M1
Q460: If the required reserve ratio rises:
A)the money
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