contestada

Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of value) each of the following performs in the U.S. economy. Check all that apply. Medium of Exchange Unit of Account Store of Value Demand deposit Mexican peso House Plastic credit card Given your answers to the previous task, indicate whether each of the following is considered money in the U.S. economy. Money Yes No Demand deposit Mexican peso O o House Plastic credit card

Respuesta :

tutorconsortium109

The following is considered money in the U.S. economy are Demand deposit & U.S. Penny.

What is meant by Demand deposit ?

  • Money stored in demand accounts at commercial banks is known as demand deposits or chequebook money.
  • These account balances are typically regarded as money and make up the majority of a nation's strictly defined money supply. Simply explained, they are bank deposits that may be withdrawn immediately and without warning.
  • Demand deposits are often regarded as a component of the strictly defined money supply since they may be used to pay for goods and services and to repay debts via checks and draughts.
  • Demand deposits and currency are typically included in definitions of a nation's money supply. Demand deposits make up the majority of the money supply in the majority of nations.

Learn more about Demand deposit refer to :

https://brainly.com/question/14061410

#SPJ4

Otras preguntas