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A bond is considered:  A)M1. B)a liability for the owner of the bond that is part of the money supply. C)an asset for the owner of the bond that is not part of the money supply. D)M2.

Question

A bond is considered:

 

 

A)

M1.

 

B)

a liability for the owner of the bond that is part of the money supply.

 

C)

an asset for the owner of the bond that is not part of the money supply.

 

D)

M2.

check_circleAnswer
Step 1

Money: Money can be anything which is accepted by the people as a medium of exchange or in repayment of debts.

Step 2

Option C. An asset for the owner of the bond that is not part of the money supply.

Because bond is the component of open ma...

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