Why do most banks and credit card companies offer interest rates on their cards which vary with

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Why do most banks and credit card companies offer interest rates on their cards which vary with the current yield on newly issued U.S. Treasury bills?

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Survey of Economics

ISBN: 978-1111989668

8th edition

Authors: Irvin B. Tucker

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Question Posted: Apr 12, 2016 07:08 AM

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Why do most banks and credit card companies offer interest rates on their cards which vary with

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The current yield on US Treasury bills moves up and down with othe...View the full answer

Survey of Economics

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