Virtual currency is the 21st century version of:
Select one:
a. checks
b. credit cards
c. hawala
d. electronic transfers
Answer - Option D
Electronic transfers
The electronic transfer is the form of virtual currency which is not present in the physical form but has the same value at the notes and the other currency in circulation.
Virtual currency is the 21st century version of: Select one: a. checks b. credit cards c....
Are credit cards and debit cards money? Select one: a. Yes, both are money b. No, neither are money c. Credit cards are, but debit cards are not d. Debit cards are, but credit cards are not
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Which of the following is included in M1, but not included in M2? Select one: a. currency held outside banks b. None of these c. travelers checks d. demand deposits
1 and 2 please 1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card funds available C. checking account balances d. savings account balances e. traveler's checks 2. (2.5 points) For the following, say whether each is included in M2: a. currency b. savings deposits in banks c. everything in M1 d. certificates of deposit worth $250,000 e. a time deposit worth $25,000
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