Credit cards are a
A: store of value.
B: method of deferring payments.
C: medium of exchange included in both M1 and M2.
D: All of the above are correct.
A: store of value.
B: method of deferring payments.
C: medium of exchange included in both M1 and M2.
D: All of the above are correct.
举一反三
- Which of the following statements is correct? ( ) A: All items that are included in M1 are included also in M2. B: All items that are included in M2 are included also in M1. C: Credit cards are included in both M1 and M2. D: Savings deposits are included in both M1 and M2.
- Credit cards () A: are<br/>included in M1 but not M2. B: are<br/>included in M1 and M2. C: are<br/>included in M2 but not M1 D: are<br/>not included in any measure of the money supply.
- Credit cards ( ) A: represent the largest component of M1. B: are not included in M1 but are included in M2. C: are a form of money unique to the U.S. D: are not considered money.
- Money serves all of the following basic functions except _____. A: medium of barter B: medium of exchange C: measure of value D: store of value
- Which of the following is a store of value? ( ) A: currency B: U.S. government bonds C: fine art D: All of the above are correct.