Multiple Choice
Credit cards are
A) not part of money because they represent a loan of money to the user.
B) a part of money when the transaction approach is used but not when the liquidity approach is used.
C) a part of money because they are used in so many transactions.
D) not part of money because the government has no control over the amount of credit outstanding.
Correct Answer:
Verified
Correct Answer:
Verified
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