Which of the following forms of money will earn at least some interest income?

a. Gold coins
b. Currency notes
c. Traveler's checks
d. Checkable deposits
e. Gift checks


d

Economics

You might also like to view...

In the ultimatum game, one reason players don't choose the rational offer is

A) that there are too many possible outcomes to reasonably consider. B) they are worse off by taking the offer. C) they prefer to sacrifice to punish "unfair" behavior. D) that it is not a Nash equilibrium.

Economics

At the end of 2009, the national debt stood at 60 percent of GDP, substantially higher than its World War II level

a. True b. False

Economics

What does "random walk" mean? According to the efficient markets hypothesis, should stock prices follow a random walk?

Economics

In the United States:

A. the middle class has become the largest class. B. the lower class has become the largest class. C. all three classes are the same size. D. the upper class has become the largest class.

Economics