select all the correct answers. which statements are false? money comes in different forms. money is…

select all the correct answers. which statements are false? money comes in different forms. money is indivisible. m1 includes notes, coins, and funds in checkable deposits. money is a unit of account. credit cards are used primarily to withdraw money from a checking account.

select all the correct answers. which statements are false? money comes in different forms. money is indivisible. m1 includes notes, coins, and funds in checkable deposits. money is a unit of account. credit cards are used primarily to withdraw money from a checking account.

Answer

Brief Explanations:

  • Money can be in forms like cash, digital - money etc., so "Money comes in different forms" is true.
  • Money is divisible into smaller units, so "Money is indivisible" is false.
  • M1 money supply indeed includes notes, coins, and checkable - deposit funds, so it's true.
  • Money serves as a unit of account, so it's true.
  • Credit cards are mainly for making purchases on credit, not for withdrawing from checking accounts (debit cards are for that), so "Credit cards are used primarily to withdraw money from a checking account" is false.

Answer:

Money is indivisible., Credit cards are used primarily to withdraw money from a checking account.