Answer True or False, and Explain

question 126

Essay

Answer true or false, and explain.
(A) Althaugh credit carts are not inclueed in the maney supply, cremit cards hined to yaur checking account are included in the money supply because af the link to your checking ¿epasits.
(B) Althaugh credit cards are not included in the maney supply, the checks the credit card campany sends you are included in the money supply, far the same reasan that checlane deposits are included in the money supply.

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Definitions:

US Companies

Corporations or businesses that are registered, operate, or are headquartered in the United States.

Billions

A numerical value representing one thousand million (1,000,000,000) in the short scale numbering system, often used in the context of large quantities, such as population or financial transactions.

Risk Limitation

A strategy to reduce or control exposure to threats by implementing measures to limit potential damage.

Implementing Controls

The process of establishing and applying mechanisms to manage or regulate actions within an organization or system.