Use the Information Below to Answer the Following Questions

question 19

Multiple Choice

Use the information below to answer the following questions.
Fact 8.1.2
Currency held by individuals and businesses is $57 billion; chequable deposits owned by individuals and businesses are $211 non- chequable personal deposits are $163 billion; non- chequable business deposits are $29 billion; and fixed term deposits are $303 billion.
-Consider Fact 8.1.2.M1 is

• A)$57 billion.
• B)$460 billion.
• C)$763 billion.
• D)$431 billion
• E)$268 billion.

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Definitions:

Tax Receipts

Government income due to taxation.

Federal Government

The national government of a federal country, which holds authority over matters that affect the entire country.

Income Distribution

How a nation’s total GDP is distributed amongst its population.

Well-Being

relates to the general health, happiness, and quality of life of an individual or population, encompassing physical, mental, and social aspects.