A debit card
A) is considered part of M1.
B) is just like credit card in that you pay for it with a check at a later time.
C) purchase takes money out of your checking account.
D) is considered part of M2.
E) None of the choices are true of debit cards.
Correct Answer:
Verified
Q211: Which statement is false?
A)Most savings and loan
Q212: Of the three motives for the demand
Q213: Which statement is true?
A)Banking began in biblical
Q214: Which is NOT considered money?
A)Checking account balances
B)Debit
Q215: Each of the following hurt the savings
Q217: According to the Federal Reserve there is
Q218: Suppose a goldsmith (banker)received an additional number
Q219: The major decline in oil prices in
Q220: Which of the following is money?
A)A debit
Q221: As interest rates rise,people tend to hold
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