Currency and Checkable Deposits Are

question 85

Multiple Choice

Currency and checkable deposits are

• A) assets of the Federal Reserve Banks or of financial institutions.
• B) redeemable for gold and silver from the Federal Reserve System.
• C) of intrinsic value, which determines the relative worth of money.
• D) the major components of money supply M1.

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Definitions:

Open-Chain Form

Describes molecules that possess a linear or branched structure without cyclic or ring formations, often contrasting with cyclic forms.

D-Galactose

A naturally occurring sugar component of lactose, important in metabolism and the structure of biomolecules.

Open-Chain Form

Describes compounds that have a linear or branched structure rather than a cyclic structure, common in organic chemistry.

L-Altrose

A rare sugar of the aldohexose type, which is a stereoisomer of glucose and part of the allose family.