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Krishna Srujan Vaddiparthi
on Oct 13, 2024

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Which one of the following is part of our money supply?

A) Gold
B) A credit card
C) NOW accounts
D) A personal check

NOW Accounts

Negotiable Order of Withdrawal accounts; interest-earning deposit accounts from which holders can write checks.

Money Supply

The inclusive amount of economic monetary assets present at a particular instance in an economy.

Credit Card

A payment card issued to users as a method of payment, allowing the cardholder to pay for goods and services based on the cardholder's promise to pay for them.

  • Separate different categories of money from non-money financial vehicles.
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NIZAMUDDIN PATHANOct 16, 2024
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