Credit cards
A) are included in M1 but not M2.
B) are included in M1 and M2.
C) are included in M2 but not M1
D) are not included in any measure of the money supply.

Name: Credit cards A) are included in M1 but not M2. B) are included in M1 and M2. C) are included in M2 but not M1 D) are not included in any measure of the money supply.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Credit cards are not included in any measure of the money supply because they represent a line of credit rather than actual money.

Credit Cards