Which of the Following Items Is Not Included in Cash

question 49

Multiple Choice

Which 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 these are included in cash.

---

Definitions:

Savings

Savings refer to the portion of income that is not spent on consumption but is set aside for future use, often in a bank account or other investment vehicle.

Nominal Interest Rates

Refer to the interest rates before adjustments for inflation, representing the face value of interest paid or received.

Money Growth

Money growth refers to the rate at which the supply of money in an economy increases, influencing inflation and economic activity.

Venezuela

A country located in the northern coast of South America, known for its significant oil reserves but also for its political, social, and economic challenges.