Which of the Below Statements Is TRUE

question 2

Multiple Choice

Which of the below statements is TRUE?

• A) "Near money" is a financial asset that is used as a medium of exchange or in settlement of transactions.
• B) In the United States, money consists of currency and a very few forms of deposits that permit check writing.
• C) "Near money" is very close to "money" in that it can be transformed into money at little cost, delay, or risk.
• D) "Faraway money", in the case of the United States, includes (i) time and savings deposits and (ii) a security issued by the U.S. government called a Treasury bill.

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Definitions:

Bioengineering

The application of principles of biology and engineering to create products and technologies that improve human life.

Genetically Manipulate

Genetically manipulate involves altering the genetic material of an organism in a laboratory setting to change its characteristics or functions.

Toxic Substances

Chemical compounds that can cause harm or damage to living organisms, the environment, or materials.

Unreasonable Risk

A hazard or danger that surpasses what is considered acceptable or safe under the circumstances.