Think about the definition of money. and then choose the correct statement.

Think about the definition of money, then choose the right OA statement. A check is money because, as long as it is in circulation, the amount of money increases with the value of the check. ob. A credit card is money because it allows you to take out a loan the moment you buy something. CO Deposits are cash, checks are non-cash and credit cards are non-cash. OD Currency is money and credit cards are money because they are means of payment, but deposits are not money.

Answer 1

Answer is C
money is all that is generally acceptable as a means of
exchange rate, have a certain purchasing power.
Deposits are considered cash while checks and credit cards
are not money

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *