Which of the Following Statements Is Correct

question 85

Multiple Choice

Which of the following statements is correct?

• A) Credit cards are important for our system of payments,but they are not important for analyzing the monetary system.
• B) Account balances that lie behind debit cards are included in neither M1 nor M2.
• C) People who have credit cards probably hold less money on average than people who do not have credit cards.
• D) A debit card allows its user to postpone payment for a purchase.

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Definitions:

Daily Basis

A frequency or routine in which activities or tasks are conducted every day.

Winter Olympics

A multi-sport event held every four years, featuring winter sports competitions where athletes from various countries participate.

Predicted Values

The outcomes estimated by a statistical model, based on certain input variables.

Medals

Awards given for achieving a high level of performance in a particular event, often used in the context of sports or competitions.