Answered

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17. Select the best answer. Which of the following is an example of money?

A. A jar of coins
B. A credit card
C. A debit card
D. A check

Sagot :

GinnyAnswer

Final answer:

Credit cards and debit cards function as forms of money, providing short term loans and direct fund transfers respectively.


Explanation:

Credit card is an example of money. It functions as a short term loan from the credit card company to the user. When a purchase is made with a credit card, the company immediately transfers funds to the seller, and the user later settles the debt when the credit card bill is due.

Similarly, a debit card instructs the user's bank to transfer money directly from the bank account to the seller. In contrast, a check is a paper order for the transfer of money from a bank account.


Learn more about Types of money here:

https://brainly.com/question/11801782


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