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18 December, 06:23

Which of the following is considered currency in circulation? The money in the vault at the Second Federal Bank The dime that you have in your piggy bank The interest owed on your credit card The balance on your lunch meal card The available credit on your credit card

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  1. 18 December, 09:05
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    Answer: The money in the vault at the Second Federal Bank

    Explanation:

    Money in Circulation is the amount of money that Country's central bank has authorized to be in the Economy minus the money that it has taken out.

    It refers to all hard currency and a few bank deposit instruments.

    Seeing as it involves Hard currency, the best answer is the first option because it refers to actual money in a bank in Currency.
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