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15 October, 12:51

Which statements are false?

A. Money comes in different forms.

B. Money is indivisible.

C. M1 includes notes, coins, and funds in checkable deposits.

D. Money is a unit of account.

E. Credit cards are used primarily to withdraw money from a checking account.

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Answers (2)
  1. 15 October, 15:43
    0
    Proposal E is the wrong statement. All preceding answer options are correct. Credit cards are primarily used as an electronic wallet, allowing its holders to pay for their purchases, settle bills and the like. It primarily used for transaction motives, rather than for withdrawal from a current account. It is a tool used by users o even withdrawal beyond what is really present in their account.
  2. 15 October, 16:11
    0
    I believe it is answer B
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Home » Business » Which statements are false? A. Money comes in different forms. B. Money is indivisible. C. M1 includes notes, coins, and funds in checkable deposits. D. Money is a unit of account. E.
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