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Which of the following comprise the currency of the United States?

Multiple select question.

Paper money

Checkable deposits

Metal coins

Small time deposits

1 answer

The currency of the United States primarily comprises:

  1. Paper money - This includes Federal Reserve notes (dollars).
  2. Metal coins - These are the physical coins produced by the U.S. Mint.

Checkable deposits are not considered currency in a strict sense, but they are part of the broad money supply and play a significant role in the overall money system. Small time deposits are also not classified as currency.

So, the correct selections for the currency of the United States would be:

  • Paper money
  • Metal coins