42 Answer saved Marked out of 1.00 Flag question Previous page Which of the following statements is correct? Select one: Select one: O a. O b. Base money is broad money minus bank money. Money is the cash (coins and notes) used as the medium of exchange to purchase goods and services. Time left 0:29:34 O c. Bank money is the total money in the savers' deposit accounts at the bank. O d. Liquidity transformation occurs when the banks transform illiquid deposits into liquid loans. Oe. None of the answers listed is correct. Clear my choice Next page 8 15 2 29 9 16 30 3 36 37 10 22 23 24 25 17 18 31 38 4 43 44 45 11 32 Finish attempt ... 39