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Which of the Following Is True of Credit Cards

Question 100

Multiple Choice

Which of the following is true of credit cards?


A) They have eliminated the use of money.
B) They are currently the most popular means of payment in the United States.
C) They are included in the narrow definition of money,M1.
D) They are near-monies.
E) They are used to postpone the payment of money.

Correct Answer:

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