Author Question: Which of the following is NOT money? A) currency B) checking deposits C) checks in the ... (Read 132 times)

TFauchery · **on:** Jun 29, 2018

Which of the following is NOT money?

A) currency
B) checking deposits
C) checks in the checkbook
D) All of the above are money.

Question 2

Which of the following is TRUE regarding the effect expected future income has on saving?

I. As expected future income increases, saving increases.
II. Young people typically save very little.
III. Middle aged people, earning higher incomes, are not very big savers.
A) I and III
B) II only
C) III only
D) II and III