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Business, 28.11.2019 04:31 itziabejar

Checkable deposits are money because
a. checks bounce when there are not enough funds to cash them.
b. they are guaranteed by banks.
c. only banks and other financial institutions can offer them.
d. they are protected by the federal reserve.
e. they can be converted into currency on demand and are used directly as a means of payment.

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Checkable deposits are money because
a. checks bounce when there are not enough funds to cash...
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