Which of the Following Is False

question 43

Multiple Choice

Which of the following is false?

• A) Currency is money, but money is more than simply currency.
• B) M1 is a component of M2.
• C) Federal Reserve notes make up about 99 percent of the paper money in circulation.
• D) Credit cards are money since they are widely accepted for purposes of exchange.
• E) Money reduces the transaction costs of making exchanges.

---

Definitions:

Inclusivity

The practice of ensuring equal access and opportunities for all, particularly for those who might be otherwise excluded or marginalized.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, creating greater value for its customers or clients.

Leaking Pipeline

A metaphor often used to describe the continuous loss of individuals from a system, process, or profession, especially referring to underrepresented groups in certain fields.

Ethnic Subcultures

Groups within a larger culture that share distinct heritage, traditions, languages, or social practices.