Which of the following best characterizes credit cards?
A) They are a payment form of money.
B) They are part of the M1 money supply.
C) They are a method of deferring payment.
D) They are a unit of account.
Correct Answer:
Verified
Q9: Which of the following does M1+ include?
A)
Q11: What do economists use the word "money"
Q18: Which of the following best defines liquidity?
A)It
Q19: Which of the following best illustrates the
Q20: Which of the following best illustrates the
Q23: What is the approximate amount of currency
Q24: Which of the following is the function
Q26: Which of the following is included in
Q26: For how long is the governor of
Q38: How does M1+ compare with M2?
A) M1+
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