If Brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from: a) the credit card company's M1 funds. b) his M1 funds. c) his M2 funds. d) the credit card company's M2 funds.

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Q: reserve ratio

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Q: If Brent uses his credit card to purchase a new television, then the money to pay the retailer is…

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