Which of the Following Is True of Credit Cards

question 100

Multiple Choice

Which of the following is true of credit cards?

• A)They have eliminated the use of money.
• B)They are currently the most popular means of payment in the United States.
• C)They are included in the narrow definition of money,M1.
• D)They are near-monies.
• E)They are used to postpone the payment of money.

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Definitions:

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