ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
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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