Money in the United States today includes _______
A. currency and deposits at both banks and the Fed
B. the currency in people's wallets, stores' tills, and the bank deposits that people and businesses own
C. currency in ATMs and people's bank deposits
D. the banks' reserves and bank deposits owned by individuals and businesses
B Only currency outside of banks is part of money.
Economics
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What does the Law of Diminishing Marginal Product state?
What will be an ideal response?
Economics
Refer to Figure 4.2. A shift from D1 to D2 will result from which of the following?
A) an increase in expected future profits B) an increase in corporate taxes C) an increase in tax credits for savings D) a decrease in the desire of households to consume today
Economics