Why aren't credit cards included in m1 or m2?
a. credit is not a form of money, since it is a debt that is owed to the owner of the card.
b. credit is not a form of money, since it is a liability that is owed to the owner of the card.
c. credit is not a form of money, since it is a debt that is owed to the issuer of the card.
d. none of the above?
