Which One of the Following Is the Largest Component of the Money

question 60

Multiple Choice

Which one of the following is the largest component of the money supply (M1) in the United States?

• A) checkable deposits
• B) gold certificates
• C) credit cards and traveler's checks
• D) Federal Reserve notes

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Definitions:

Industrial Fiber

Textiles and filaments used in the industrial sector for various applications, including manufacturing and construction.

Molasses

A thick, dark syrup produced during the refining of sugar cane or sugar beets into sugar.

Financial Advantage

The benefit gained in financial terms from an action or investment, often measured by profit, cost savings, or revenue increase.

Financial Advantage

A benefit in terms of money that can be gained, often seen in terms of cost savings or revenue generation.