For each of the following, state whether it is considered money in the United States. Explain why

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For each of the following, state whether it is considered money in the United States. Explain why or why not.

a. A check you write against deposits you have at Bank USA.

b. Brazilian reals.

c. The available credit you have on your MasterCard.

d. Reserves held by banks at the Federal Reserve Bank.

e. Federal Reserve notes in your wallet.

f. Gold bullion.

g. Grocery store coupons.

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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Question Posted: Dec 05, 2018 06:31 AM

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For each of the following, state whether it is considered money in the United States. Explain why

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a Money Funds held in a checking account is considered money b Not money Foreign curr...View the full answer

Macroeconomics

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