If Brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from:
A. his M1 funds.
B. his M2 funds.
C. the credit card company’s M1 funds.
D. the credit card company’s M2 funds.
Answer:C
If Brent uses his credit card to purchase a new television, then the money to pay the retailer is taken from:
A. his M1 funds. B. his M2 funds. C. the credit card company’s M1 funds. D. the credit card company’s M2 funds.
Explanation: Type: Multiple Choice