Are Outstanding Credit Card Balances Counted as Part of the Money

question 183

Multiple Choice

Are outstanding credit card balances counted as part of the money supply?

• A) No; credit card balances reflect funds that have been borrowed. Unlike money, they cannot be used as a means of payment.
• B) Yes; they are used to purchase things and therefore they are included in the money supply figures.
• C) They are included in the M1 money supply, but not the M2 figures.
• D) They are included in the M2 money supply, but not the M1 figures.

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Definitions:

REM Sleep

A phase of sleep characterized by rapid eye movement, vivid dreaming, and increased brain activity, playing a crucial role in emotional and cognitive well-being.

Non-REM Sleep

The portion of sleep that is not associated with rapid eye movement, characterized by slower brain waves and considered critical for restorative sleep.

Neonates

Refers to newborns, typically within the first 28 days after birth.

Infant Cries

Vocalizations made by babies as a form of early communication, often signaling discomfort, hunger, or need for attention.