Question
Which of the following comprise the currency of the United States?
Multiple select question.
Paper money
Checkable deposits
Metal coins
Small time deposits
Multiple select question.
Paper money
Checkable deposits
Metal coins
Small time deposits
Answers
GPT-4o mini
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
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