Multiple Choice
Which of the following is not true about the use of a credit card?
A) It is a means of deferring payment for a short period of time.
B) It allows people to "economize" on the use of money.
C) Credit card balances are part of M2 but not part of M1.
D) A credit card transaction is not the same as a debit card transaction.
Correct Answer:
Verified
Correct Answer:
Verified
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