Would the cards count as part of the money supply

Reference no: EM13218948

Many colleges sell special cards that students can use to purchase everything from textbooks or meals in the cafeteria to use of washing machines in the dorm. Students deposit money in their cards; as they use their cards for purchases, electronic scanners remove money from the cards. To replenish a card's money, a student makes a cash deposit that is credited to the card. Would these cards count as part of the money supply?

Reference no: EM13218948

Questions Cloud

What is class of trade : What is "class of trade"? How many classes of trade are there in the pharmaceutical Industry in USA?

Calculate the s/n ratio for a receiver output : Calculate the S/N ratio for a receiver output of 4 V signal and 0.48 V noise both as a ratio and in decibel form. (69.44, 18.42dB)

Find the power being absorbed : A current source of 12 cos 2000t A, a 200-ohm resistor, and a 0.2-H inductor are in parallel. Assume steady-state conditions exist. At t = 1 ms, find the power being absorbed by the (a) resistor; (b) inductor; (c) sinusoidal source.

Discuss the importance of sleep and your circadian rhythms : Discuss the importance of sleep and your circadian rhythms. Discuss the effects of culture on our views of personality

Would the cards count as part of the money supply : Many colleges sell special cards that students can use to purchase everything from textbooks or meals in the cafeteria to use of washing machines in the dorm. Students deposit money in their cards; as they use their cards for purchases.

What is the difference in proportions in the original data : What is the difference in proportions in the original data and what is the p-value and what does it mean in terms of this specific problem

Difference between respect for authority and blind obedience : What is the difference between respect for authority and blind obedience? How do you tell the difference?

Explain the cash method of accounting : Although the company maintains a certain level of plumbing supplies for its business inventory it is not a material income producing factor; thus, material purchases are expenses. The partnership uses the cash method of accounting for revenue and ..

What is the cross price elasticity of demand : What is the cross price elasticity of demand between XYZ's and AB C's widgets?

User Account

All Pages