Credit cards
a. are a method of deferring payment, and people who have credit cards hold less money on average.
b. are a method of deferring payment, and people who have credit cards hold more money on average.
c. are a medium of exchange, and people who have credit cards hold less money on average
d. are a medium of exchange, and people who have credit cards hold more money on average.
a
Economics
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Labor productivity increases with
A) increases in consumption expenditure. B) increases in depreciation. C) increases in capital. D) All of the above answers are correct.
Economics
In the early stages of a recession, what type of unemployment gets larger?
A. Seasonal. B. Frictional. C. Structural. D. Cyclical.
Economics