Question and answer
Credits cards are?
Question
Asked 10/23/2011 6:10:58 PM
Updated 3/4/2014 10:55:33 PM
6 Answers/Comments
Flagged by yeswey [3/4/2014 10:45:43 PM]
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Original conversation
User: Credits cards are?

User: what is a smart card?

User: To say that the Federal Reserve Banks are quasi-public banks means that?

User: Other things equal, an excessive increase in the money supply will?

User: In the U.S. economy the money supply is controlled by the?

User: As it relates to Federal Reserve activities, the acronym FOMC describes the?

Question
Asked 10/23/2011 6:10:58 PM
Updated 3/4/2014 10:55:33 PM
6 Answers/Comments
Flagged by yeswey [3/4/2014 10:45:43 PM]
New answers
Rating
3
A credit card is a payment card issued to users as a system of payment.
Added 3/4/2014 10:45:52 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/5/2014 6:21:50 AM]
3
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
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/5/2014 6:21:52 AM]
3
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
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/5/2014 6:21:53 AM]
3
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
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/5/2014 6:21:54 AM]
3
In the U.S. economy the money supply is controlled by the Federal Reserve System.
Added 3/4/2014 10:52:56 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/5/2014 6:21:55 AM]
3
As it relates to Federal Reserve activities, the acronym FOMC describes the Federal Open Market Committee.
Added 3/4/2014 10:55:33 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/5/2014 6:21:56 AM]
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