Credit cards are not considered to be part in the m1 and m2
definition of money. Because the M1 definition of money revolves around money
which are in the hands of the public and written checks, while the M2
definition of money revolves around savings accounts, time deposits of under
$100,000, and balances in retail money market mutual funds. Which also includes
the M1 in the M2. While, the M3 definition of money refers to the balances in
institutional money funds, repurchase accountabilities dispensed by depository establishments,
and the Eurodollar. It also includes M1 and M2. Credit cards are not considered
to be in M1 and M2 definitions of money, since credit cards becomes part of the
money transaction only, during the payment of your credit card bill.
Answer:
B yes, because every x value corresponds to exactly one y value
Step-by-step explanation:
A function means that each input goes to a different output
Each input goes to only 1 y value
Answer:
1 and 1/3 cups of sugar
Step-by-step explanation:
A dozen cupcakes are 12 cupcakes so i would be 24 cupcakes to make 2 dozen cupcakes then for the half a dozen you would do only another 6 cupcakes and you would add all of that up and get 1 and 1/3 cups of sugar.
Answer: It can be any number, x^1=x
Step-by-step explanation: Say we have 5^1. It is 5. No powers added.
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