3. Credit cards a. are included in the M1 definition of the money supply. b. are included...

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3. Credit cards

a. are included in the M1 definition of the money supply.

b. are included in the M2 definition of the money supply.

c. are included in the M3 definition of the money supply.

d. are included only in the broadest definition of the money supply.

e. are not included in the definition of the money supply.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 06:00 AM

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3. Credit cards a. are included in the M1 definition of the money supply. b. are included...

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Exploring Macroeconomics

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