menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Modern Principles Macroeconomics
  4. Exam
    Exam 15: The Federal Reserve System
  5. Question
    The Single Largest Category of Means of Payment in the United
Solved

The Single Largest Category of Means of Payment in the United

Question 267

Question 267

Multiple Choice

The single largest category of means of payment in the United States is:


A) currency.
B) reserves held at the Fed.
C) checkable deposits.
D) savings deposits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q261: If money is neutral in the long

Q262: What is the reserve requirement?<br>A) the legal

Q263: U.S.currency is printed by the:<br>A) U.S.Department of

Q264: The U.S.Treasury borrows by issuing currency.

Q265: Open market operations involve the Federal Reserve:<br>A)

Q266: Which serves as a means of payment

Q268: The Federal Funds rate is the:<br>A) interest

Q269: The discount rate is the interest rate:<br>A)

Q270: When the Federal Reserve makes an open

Q271: The monetary base (MB)refers to:<br>A) currency.<br>B) currency

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines