Examlex
Which of the following statements is false?
Money Supply
The total amount of monetary assets available in an economy at a specific time.
Credit Cards
Financial instruments issued by banks allowing cardholders to borrow funds with which to pay for goods and services with the promise to repay the bank within a certain timeframe.
Smoot-Hawley
Refers to the Smoot-Hawley Tariff Act of 1930, which raised U.S. tariffs on over 20,000 imported goods.
Imports
Products or resources that are bought from foreign countries to meet domestic demand or consumption.
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