Credit Cards Are I. a Generally Accepted Form of Payment and Therefore Part

question 122

Multiple Choice

Credit cards are
I. a generally accepted form of payment and therefore part of M1.
Ii. are included in M1 because you write a check to pay your monthly bill.
iii. a means of borrowing money.

• A)ii only
• B)i and ii
• C)i only
• D)iii only
• E)i and iii

---

Definitions:

Federal And Provincial

relates to the two levels of government in countries with a federal system, where certain responsibilities and powers are divided between the national (federal) government and regional (provincial or state) governments.

Governments

Political organizations or bodies that govern a nation, state, municipality, or community, responsible for creating and enforcing laws and policies.

Solicitor-Client Costs

Solicitor-Client Costs refer to legal costs payable to a solicitor by their client, including fees for legal services performed and other expenses incurred during the representation.

Awarded

Typically refers to receiving something as a recognition of excellence or the decision to grant a certain benefit or honor, often through a formal process.