Read each question and choose the best answer. 1.) what kinds of money are included in m1? a. money market funds b. currency c. savings deposits d. small-time deposits 2.) in which situation would a family apply for a mortgage? a. they want to buy a car. b. they want to go on vacation. c. they want to buy a house. d. they want to send their daughter to college. 3.) which of the following is a positive aspect of using a credit card? a. the interest charged on credit cards is lower than interest on all other types of loans. b. with a credit card, money is automatically deducted from the user's bank account. c. using a credit card allows consumers to buy goods even if they don't have cash. d. credit cards bills can quickly add up if the consumer only pays the minimum. 4.) what service is available through home banking on the internet? a. checking account balances. b. withdrawing cash. c. lending money to a friend. d. selling gold. 5.) which is not example of a stored-value card? a. gift card b. credit card c. phone card d. subway smart card to get full points explain you.