Checking deposits at banks are A) money. B) not money because ...

[Lisaclaire]

Checking deposits at banks are
 
  A) money.
  B) not money because they are an intangible.
  C) money only because they are insured by the FDIC.
  D) not money until they are converted into currency.

Question 2

Net exports of goods and services equal the
 
  A) exports of goods and services divided by the imports of goods and services.
  B) exports of goods and services plus the imports of goods and services.
  C) exports of goods and services minus the imports of goods and services.
  D) imports of goods and services minus the exports of goods and services.

[aruss1303]

Answer to Question 1

A

Answer to Question 2

C