If credit cards were made illegal by government legislation, what would happen to velocity? Explain your answer.
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If credit cards were made illegal by government legislation, what would happen to velocity? Explain your answer.
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Velocity would fall because a ...View the full answer
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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If credit cards were made illegal by congressional legislation, what would happen to velocity? Explain your answer.
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