Savings deposits are not a part of money supply of an economy. State true or false.
True
False
Savings deposits are included in the money supply.
For money to serve as money, it must be unlimited in supply. State true or false.
A business is part of a financial system in which there are two main parties - households that save money, and firms that invest the money for production. State true or false.
The total amount of money stock in the economy is much greater than the volume of high powered money. State true or false.
State True or False. MNC's save money through outsourcing due to the unskilled English speaking manpower.