A checking deposit in a bank in considered _________ of that bank?

Related Mcqs:

Which of the following statements about money is not true ?

A. A debit card is not really money because it is only a means of transferring money between accounts B. All the wealth that people hold, in whatever form, should be considered as money C. Wealth held in the current account you hold with your bank is almost as convenient for buying things as wealth … Which of the following statements about money is not true ?Read More...

The opportunity cost of holding money is determined by ?

A. the discount rates B. the level of aggregate output C. the interest rates D. the inflation rates...

Three variables affect the demand for money they are _______ and __________?

A. bank opening hours, the proportion of weekly paid employee’s interest rates B. the price level interest rates real income C. The time of year bank opening hours the price level D. The proportion of weekly paid employees the time of year real income...

The three main tools of monetary policy are ?

A. fiat, commodity and deposit money B. Open-market operations reserve requirements and the refinancing rate C. The money supply, government purchases and taxation D. Government expenditures taxation and reserve requirements E. Coin, currency and demand deposits...

If the central bank buys financial securities in the open market to increase the monetary base, this is and example of ?

A. lender of less resort B. financial intermediation C. Open Market operations D. Financial regulation...