The Single Largest Category of Means of Payment in the United

question 267

Multiple Choice

The single largest category of means of payment in the United States is:

• A) currency.
• B) reserves held at the Fed.
• C) checkable deposits.
• D) savings deposits.

---

Definitions:

Evolutionarily Oldest

Refers to the earliest developments in the history of life on Earth or the most ancient traits and behaviors preserved through natural selection.

Cerebral Cortex

The intricate fabric of interconnected neural cells covering the cerebral hemispheres; the body’s ultimate control and information-processing center.

Reticular Formation

A complex network of nerve pathways within the brainstem, involved in controlling alertness and consciousness.

Brainstem

A region at the base of the brain that controls vital functions like breathing, heart rate, and blood pressure.