Multiple Choice
When we keep part of our wealth in a bank checking account,we are using money as a
A) store of value.
B) medium of exchange.
C) barter token.
D) unit of account.
E) unit of currency.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q358: The monetary base is the<br>A)minimum reserve banks
Q359: Banks can make loans as long as
Q360: Which of the following describes the "invention"
Q361: If the desired reserve ratio is 7
Q362: The monetary multiplier is 3 and the
Q364: If the Fed purchases securities in the
Q365: The Federal Reserve System is organized into
Q366: "When the Fed makes an open market
Q367: The monetary base does NOT include which
Q368: Checkable deposits are money because<br>A)they are protected