Question
If Brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from... a. his M1 funds
If Brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from...
a. his M1 funds
b. his M2 funds
c. Neither A or B
d. Both A and B
My teacher says the answer is neither M1 or M2 funds. I don't understand why I thought it would be both. Can you explain M1 and M2 funds?
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Global Capitalism Its Fall And Rise In The Twentieth Century
Authors: Jeffry Frieden
1st Edition
039332981X, 9780393329810
