8
A credit card is a payment card issued to users as a system of payment.
Added 3/4/2014 10:45:52 PM
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jeifunk [3/5/2014 6:21:50 AM]
8
A smart card, chip card, or integrated circuit card (ICC) is any pocket-sized card with embedded integrated circuits.
Added 3/4/2014 10:48:26 PM
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jeifunk [3/5/2014 6:21:52 AM]
8
To say that the Federal Reserve Banks are quasi-public banks means that they are priveately owned, but managed in the public interest.
Added 3/4/2014 10:50:20 PM
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jeifunk [3/5/2014 6:21:53 AM]
8
Other things equal, an excessive increase in the money supply will decrease the purchasing power of each dollar.
Added 3/4/2014 10:51:43 PM
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jeifunk [3/5/2014 6:21:54 AM]
8
In the U.S. economy the money supply is controlled by the Federal Reserve System.
Added 3/4/2014 10:52:56 PM
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jeifunk [3/5/2014 6:21:55 AM]
8
As it relates to Federal Reserve activities, the acronym FOMC describes the Federal Open Market Committee.
Added 3/4/2014 10:55:33 PM
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Confirmed by
jeifunk [3/5/2014 6:21:56 AM]