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Which of the following is not considered to be money?Multiple choice question.Credit cardsM2++M1Currency

Question

Which of the following is not considered to be money?Multiple choice question.Credit cardsM2++M1Currency

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Solution

The correct answer is "Credit cards". Here's why:

  1. Credit cards: These are not considered money. They are a means of obtaining a loan quickly and are a method of deferred payment, but they are not in themselves a store of value.

  2. M2: This is a measure

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