Examlex
Which of the following statements is true?
Paper Money
Currency in the form of banknotes issued by a government or central bank.
United States
A country located in North America, known for its significant impact on global politics, economy, and culture, being one of the world's largest and most powerful nations.
Federal Reserve Banks
The regional banks that make up the Federal Reserve System, the central banking system of the United States, responsible for monetary policy and financial supervision.
Money Stock
The total quantity of money available in the economy at a particular time, including cash, coins, and balances held in checking and savings accounts.
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