Which One of the Following Items Is Not Included in Cash

question 142

Multiple Choice

Which one of the following items is not included in cash?

• A) A bank certificate of deposit for one year
• B) A savings account at the bank
• C) A checking account at the bank
• D) All of the above are included in cash

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Definitions:

Bank of Japan

The central bank of Japan, responsible for issuing currency, implementing monetary policy, and maintaining the stability of the Japanese financial system.

Interest Rates

The cost of borrowing money or the return on savings, typically expressed as an annual percentage.

Monetary Policy

Actions taken by a central bank, currency board, or other regulatory authorities to control the money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.

Economy Regulation

The imposition of rules by the government intended to modify the economic behavior of individuals, firms, or industries to achieve policy outcomes.