Which of the following might explain why the United States has so much currency per person?
a. U.S. citizens are holding a lot of foreign currency.
b. Currency may be a preferable store of wealth for criminals.
c. People use credit and debit cards more frequently.
d. All of the above help explain the abundance of currency.
b
Economics
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Which of the following is responsible for providing currency and cash to banks?
A. The Legislative Branch of government. B. Comptroller of the Currency. C. The Federal Reserve System. D. The U.S. Treasury.
Economics
Explain how consumption and saving are related to disposable income in the aggregate expenditures model.
What will be an ideal response?
Economics