Solved

Credit Cards Are

Question 83

Multiple Choice

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 money because they are used to purchase goods and services.
D) a part of M2 but not a part of M1.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q61: Sam has $500 in traveler's checks. He

Q62: -Based on the</p></div><svg width=

Q73: If you use $500 of currency to

Q81:

Q86: Checks are
A) the largest component of the

Q88: A highly liquid asset
A) has high transaction

Q89: Which of the following is the most

Q90: Checks are NOT money because they
A) are

Q93: Which of the following is the most

Q99: Checks _ money and checking deposits _

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents