monies that are very liquid such as cash, checkable (demand) deposits, and traveler's checks are considered to be

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 19RQ: How do banks create money?
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The monies that are very liquid such as cash, checkable (demand) deposits, and traveler's checks are considered to be                     
 

 

 
 
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