Coins and paper money are:
A. credits of commercial banks and savings institutions.
B. debts of the federal government and government agencies.
C. credits of the federal government and government agencies.
D. debts of commercial banks and savings institutions.
Answer: B
Economics
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A primary difference between rebates and coupons?
A) Coupons allow individuals to sort themselves into the high-elasticity group after the sale. B) Neither coupons or rebates are redeemed in high numbers. C) Rebates allow individuals to sort themselves into the high-elasticity group after the sale. D) Coupons are legal and rebates are illegal.
Economics
Demand is said to have unit elasticity if the price elasticity of demand is
a. less than 1. b. greater than 1. c. equal to 1. d. equal to 0.
Economics