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.

Question

History

Kimora Conrad

13 October, 19:08

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.

+4

Answers (2)

Know the Answer?

Zimmerman · Answer 1

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.

Karsyn Brandt · Answer 2

Karsyn Brandt 13 October, 20:04

0

Answer:B and E are your answer

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.

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.