Asked by
Krishna Srujan Vaddiparthi
on Oct 13, 2024Verified
Which one of the following is part of our money supply?
A) Gold
B) A credit card
C) NOW accounts
D) A personal check
NOW Accounts
Negotiable Order of Withdrawal accounts; interest-earning deposit accounts from which holders can write checks.
Money Supply
The inclusive amount of economic monetary assets present at a particular instance in an economy.
Credit Card
A payment card issued to users as a method of payment, allowing the cardholder to pay for goods and services based on the cardholder's promise to pay for them.
- Separate different categories of money from non-money financial vehicles.
Verified Answer
NP
Learning Objectives
- Separate different categories of money from non-money financial vehicles.