Are Outstanding Credit Card Balances Counted as Part of the Money

question 105

Multiple Choice

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

• A)Yes;they are used to purchase things,and therefore,they are included in the money supply figures.
• B)No;money is an asset,while the credit card balances are a liability.Thus,they are not included in the money supply figures.
• C)Partly;credit card balances of $100 or less are included in the M1 money supply,but the money supply figures do not include balances in excess of $100.
• D)Partly;credit card balances are included in the M1 money supply,but not the M2 money supply.

Comprehend the protections and liabilities involved in digital communication and commerce under federal regulation.

Distinguish between legal and illegal practices in the context of copyright infringement and fair use defenses.

Understand the role of trademarks in digital marketing and how they can be protected or infringed upon.

Recognize the legal considerations surrounding file-sharing, digital sampling, and copyright infringement.

---

Definitions:

Vertical Contracts

Agreements between companies at different stages of the production process, such as manufacturers and retailers.

Complementary Goods

Products or services that are typically consumed together or have a high cross-elasticity of demand, implying that a change in the price of one affects the demand for the other.

Substitute Goods

Products or services that can be used in place of each other, fulfilling the same need or want, thus potentially affecting their demand.

Vertical Contracts

Agreements between firms at different levels in the supply chain, such as manufacturers and retailers, to govern the terms of their relationship.