Examlex
Which of the following statements regarding phagocyte recognition of pathogens is true?
M1
A category of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.
Travelers Checks
Pre-printed, fixed-amount checks designed to allow the person signing them to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.
Reserve Ratio
The fraction of deposits that banks are required to keep on hand as reserves, either in their vaults or with the central bank, to ensure liquidity.
Goldsmith's Receipts
Goldsmith's Receipts were historically issued by goldsmiths in the form of promissory notes against the gold deposited with them, leading to the development of banking.
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