Ask Question
22 November, 06:25

Select all the correct answers.

Which statements are false?

Money comes in different forms.

Money is indivisible.

M1 includes notes, coins, and funds in checkable deposits.

Money is a unit of account.

Credit cards are used primarily to withdraw money from a checking account.

+2
Answers (2)
  1. 22 November, 06:49
    0
    Answer:B and E are your answer
  2. 22 November, 06:53
    0
    Money is indivisible. Credit cards are used primarily to withdraw money from a checking account.

    Explanation:

    Money is a universally accepted means of exchange with an assigned value that allows us to access goods and services without resorting to barter. Characteristics of money:

    1. - Money has a value assigned and universally accepted.

    2. - The value of money is related to a law of supply and demand.

    3. - The supply of money is usually controlled by the monetary policy of a given government.

    4. - The demand for money is controlled by the variety of goods and services available for consumption.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Select all the correct answers. Which statements are false? Money comes in different forms. Money is indivisible. M1 includes notes, coins, ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers