Credit cards are
A) not a part of money because they are not a means of payment.
B) a part of M1 but not of M2.
C) a part of M2 but not a part of M1.
D) a part of money because they are used to purchase goods and services.
Correct Answer:
Verified
Q92: Which of the following is the most
Q93: Check_s money and checking deposits _money.
A) are
Q94: Checks are
A) only part of M2 but
Q95: Credit cards are
A) not money because they
Q96: Liquidity .
A) increases when a consumer has
Q98: Which of the following is the most
Q99: An individual wanting the most liquid asset
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