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Below is a list of financial assets: 1. Certificates of deposit 2. Notice deposits (savings accounts) 3. Currency (coins and paper money) 4. Demand deposits
Below is a list of financial assets:
1.Certificatesofdeposit
2.Noticedeposits(savingsaccounts)
3.Currency(coinsandpapermoney)
4.Demanddeposits(chequingaccounts)
5.Governmentsecurities
6.Goldcertificates
Refer to the information above to answer this question. Most of the following items are included in the official definitions of money. Which is/are the exception?
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