One major difference between a debit and credit card is:
A) you can build a credit history with the credit card but not with the debit card.
B) you have to pay interest on your purchases if you use a credit card.
C) credit cards are money and the debit card is not.
D) debit cards charge late fees.
Correct Answer:
Verified
Q53: The money aggregate M2 includes:
A) large denomination
Q54: The most commonly quoted monetary aggregate is:
A)
Q55: M1 is:
A) a more useful measure of
Q56: Which of the following assets is least
Q57: M1 is:
A) about 17% of GDP.
B) equal
Q59: One advantage of using checks over a
Q60: Gross Domestic Product in the U.S. is
Q61: In countries with low inflation:
A) M2 growth
Q62: Economists study the link between money and
Q63: The Consumer Price Index (CPI):
A) tends to
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