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Checkable deposits are also called: Group of answer choices checking accounts. high-powered money. savings balances. Federal...

Checkable deposits are also called:

Group of answer choices

checking accounts.

high-powered money.

savings balances.

Federal Reserve Notes.

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Answer #1

Fixed deposit in simple terms are also called demand deposit or checking accounts

It is the the deposit account from which cheque or draft of any type can be used or written

High powered money are called powerful because they are that type of currency which is given by the government or by the Federal reserve Bank

Federal reserve note in simple terms is a paper currency which is circulated in the whole United States country

it is issued by the Federal reserve Bank of United States

So the correct answer here is option A

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