Checking deposits at banks are
A) money.
B) not money because they are an intangible.
C) money only because they are insured by the FDIC.
D) not money until they are converted into currency.
A
Economics
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A tax increase
A) decreases aggregate demand and the AD curve shifts leftward. B) increases aggregate demand and the AD curve shifts rightward. C) decreases the quantity of real GDP demanded and there is a movement up along the AD curve. D) increases the quantity of real GDP demanded and there is a movement down along the AD curve. E) does not shift or lead to a movement along the aggregate demand curve.
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Taxes impose a cost on letting land remain idle
Indicate whether the statement is true or false
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