Decided to use credit card to purchase new television

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You have decided to use a credit card to purchase a new television. What is the immediate consequence of this purchase?

There would be a decrease in M1 and a decrease in M2.

There would be an increase in M1 and a decrease in M2.

There would be a decrease in M1 and an increase in M2.

There would be an increase in M1 and an increase in M2.

There would be no changes to M1 or M2.

Reference no: EM131387181

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Decided to use credit card to purchase new television : You have decided to use a credit card to purchase a new television. What is the immediate consequence of this purchase?

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