menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 10: The Monetary System
  5. Question
    What Is the Function of Debit Cards
Solved

What Is the Function of Debit Cards

Question 198

Question 198

Multiple Choice

What is the function of debit cards?


A) They defer payments.
B) They are equivalent to credit cards.
C) They are included in M2.
D) They are used as a method of payment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q175: Are credit cards and debit cards money?

Q193: Denote a bank's assets by A, the

Q194: If the central bank lowered the reserve

Q195: When was the Bank of Canada Act

Q196: How may the Bank of Canada influence

Q197: Which statement best characterizes credit cards?<br>A) They

Q199: What happened during the Great Depression in

Q200: During wars, the public tends to hold

Q202: What is current Canadian currency?<br>A) fiat money

Q203: Suppose an economy has no money, and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines