History

Jamar

11 April, 17:18

Credit cards were introduced in 1959. In 2014, the U. S. credit card balance was $880 billion. Which of the following is TRUE?

A. No part of the $880 billion balance is counted in M1 and M2.

B. The $880 billion balance is part of both M1 and M2.

C. Only that portion of the $800 billion actually charged in 2014 is counted in M1 and M2.

D. The $880 billion balance is part of M2 but not part of M1

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Credit cards were introduced in 1959. In 2014, the U. S. credit card balance was $880 billion. Which of the following is TRUE? A. No part ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

What is a Florida Legislature

What did humans begin studying to predict seasons and migrations of animals?

How does Monroe's speech communicate a strategy for both peacetime and military action, if provoked?

Which social reform was achieved under Caesar? A. a democratic system for elections B. job creation for patricians in the colonies C. a calendar with 12 months and 365 days D. economic reforms addressing land and pay

What practice among the moche did the inca adapt to unify its empire?

New Questions in History

7. In the Articles of Confederation, most of the power was held by the states. the monarch. the central government. the military.

6. Because of the Stamp Act, what had to carry a stamp? A. tea C. certain printed materials B. weapons D. all imported products

Which goal was most likely to be supported by both poor peasants and city merchants in the early years of the French Revolution? a. an end to feudal privileges b. destruction of the power of the Catholic Church c. overthrow of the monarchy d.

How did the Missouri Compromise deal with the issue of slavery? A) It required all territories to abolish slavery before becoming states. B) It made the Mississippi River the dividing line between slave states and free states.

prior to marine admission to the union as a free state, how many states were in the northern section of the country