Business, 25.02.2020 02:56 gabe2075

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: Money: serves as a unit of account Not money: has no real value Not money: not accepted for purchase Money: can be used as a medium of exchange b. Brazilian reals. Not money: not accepted for purchase Money: serves as a unit of account Money: can be used as a medium of exchange Not money: has no real value c. The available credit you have on your Mastercard. Money: can be used as a medium of exchange Not money: creates debt upon purchase Money: serves as a unit of account Not money: has no real value d. Reserves held by banks at the Federal Reserve Bank. Money: can be used as a medium of exchange Not money: not accepted for purchase Not money: has no real value Money: serves as a unit of account e. Federal Reserve notes in your wallet. Money: can be used as a medium of exchange Not money: has no real value Not money: not accepted for purchase Money: serves as a unit of account f. Gold bullion.

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

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