CLEP Economics Exam Prep

Category - Economics

The most basic measure of the money supply in the United States consists of which of the following?
  1. Gold certificates, silver certificates, and precious metals
  2. Treasury bills, Treasury notes, and Treasury bonds
  3. Credit card accounts, charge accounts, and savings accounts
  4. Checking account deposits, paper currency, and coins
Explanation
Answer: D - The most basic measure of the money supply in the United States consists of checking account deposits, paper currency, and coins.
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