Debit cards are
A) counted as money because they perform the medium of exchange function of money.
B) not considered money because they merely show that their owners have a relationship to money.
C) are counted as a part of M2 but not M1.
D) counted as money because they provide access to their owners' checkable deposits.
Ans: B) not considered money because they merely show that their owners have a relationship to money.
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a. True b. False Indicate whether the statement is true or false