Question

What are the main components of money in the United States​ today? The main components of money in the United States today are​ ______.
A. notes and coins
B. currency and deposits at banks and other depository institutions
C. credit cards and debit cards
D. currency and​ traveler's checks

Answer 1

Answer:

The answer is option B.

Explanation:

The main components of money in the United States today are the physical cash in the form of currency, and also the deposits that are made in the form of savings in various banks and other depository institutions. This is to take into account that, the asset that can be converted into cash is not considered under these components of money in the US.