8. In 2013, the U.S. credit card balance was $866 billion. Which of the following is true?
(A)The $866 billion balance is part of M2 but not part of M1.
(B)The $866 billion balance is part of both M1 and M2.
(C)Only that portion of the $866 billion actually charged in 2009 is counted in M1 and M2.
(D)No part of the $866 billion balance is counted in M1 and M2.