Credit cards are
A) not money because they are not a means of payment.
B) a part of M1 but not of M2.
C) money because they are used to purchase goods and services.
D) a part of M2 but not a part of M1.
Correct Answer:
Verified
Q90: Checks are NOT money because they
A) are
Q91: Checks and credit cards are NOT considered
Q92: Which of the following is TRUE?
I. Checks
Q93: Which of the following is the most
Q94: Which of the following is NOT money?
A)
Q96: Liquidity is the
A) degree to which an
Q97: Using a credit card can best be
Q98: Credit cards are
A) money but are not
Q99: Checks _ money and checking deposits _
Q100: Credit cards are
A) a part of money
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