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Credit Cards Are I.a Generally Accepted Form of Payment and Therefore Part of Therefore

Question 300

Multiple Choice

Credit cards are
I.a generally accepted form of payment and therefore part of M1.
Ii.included in M1 because you write a check to pay your monthly bill.
Iii.a means of borrowing money.


A) i only
B) ii only
C) iii only
D) i and ii
E) i and iii

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