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A bank debit card is considered to be part of the M1 money supply. 00 True or False 8 02:15:30 False Skipped True Next > 8 of
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Answer #1

Answer - False

The debit card , or any other card is used to transfer the money from different kind of accounts. It is not itself considered money. Hence it will not be part of M1 or any other money supply.

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