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Author Question: Equilibrium in the credit card market (Read 146 times)

schs14

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on: Jan 2, 2020
Equilibrium in the credit card market
◦ is equal to nominal income earned during the day.
◦ occurs if the marginal benefit exceeds the marginal cost of credit card balances.
◦ determines the demand for money.
◦ raises the real interest rate.
◦ results in a larger volume of real transactions.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by schs14 on Jan 2, 2020

tofugiraffe

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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schs14

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Reply 2 on: Jan 2, 2020
Great answer, keep it coming :)

alvinum

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Reply 3 on: Yesterday
Excellent

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