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    Finance Markets Investments Study Set 2
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    Exam 2: Money and the Monetary System
  5. Question
    Because Credit Card Balances and Limits Can Affect the Rate
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Because Credit Card Balances and Limits Can Affect the Rate

Question 2

Question 2

True/False

Because credit card balances and limits can affect the rate of turnover of money supply and contribute to money supply expansion, these balances and limits are included in the M3 definition of money supply.

Correct Answer:

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