The Objects We Use as Money Today Include

question 324

Multiple Choice

The objects we use as money today include

• A)currency inside banks and bank deposits.
• B)currency outside the banks and bank deposits.
• C)only currency outside the banks.
• D)only deposits inside the banks.
• E)credit cards and debit cards.

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Definitions:

Normal Distribution

A bell-shaped frequency distribution curve that is symmetrical about the mean, representing the distribution of many types of data.

Sample Proportion

The proportion or percentage of the sample that embodies a specific characteristic or feature.

Population Proportion

The ratio or percentage of a particular group within a larger population that shares a characteristic.

Continuity Correction Factor

An adjustment made to a discrete probability distribution when approximating it by a continuous distribution.