Which measurement of money supply are credit cards included in - only m1 but not m2...

Question

Question

Which measurement of money supply are credit cards included in

- only m1 but not m2

-only m2 but not m1

-neither m1 nor m2

-both m1 and m2

Answer 1

Answer #1

The correct answer is: b)

Reason: credit card is a short term loan and it is included in M2 supply of money.

Thanks!

Answer 2

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