Why are debit cards not listed as money?

1 answer:

5 0

Why are debit cards not listed as money? B<span>ecause they perform the same function as checks, and checks are counted as money. Debit cards are sometimes called check cards because they are linked directly to a checking account just as writing a check to someone would be. Since they are essentially serving the same purpose as a check, they are not listed as a money source. </span>

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g Cathy Rogers deposits $200 in currency in her checking account at a bank. This deposit is treated as:

Step2247 [10]

Answer: 4) No change in the money supply because the $200 in currency has been converted to a $200 increase in checkable deposits

Explanation:

The money supply refers to the total amount of money currently in circulation. In this instance it remains the same because no new money was introduced into the economy.

All that has happened is that Ms. Rogers took her $200 which was already in circulation and part of money supply and deposited it in her checking account. The money is therefore still in circulation, just not in immediate cash.

Money supply therefore remains the same.

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3 years ago

Bossa Nova founder and CEO Alton Johnson was fascinated with the fruits of Brazil, a fascination that led him to develop juices

tamaranim1 [39]

Answer:

(B) idea generation

Explanation:

As nova founder and the CEO of the Alton Johnson was fascinated by the fruits of the brazil he got an idea to open a new fruit flavor in the American market and as the new fruit flavors of the Brazilian juices was technically his own its lead t the creating and development and the communication of the abstract and visual ideas. And thereby binding the concept to the reality.

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2 years ago

Should be subtracted from the sales price per unit to compute the unit contribution margin.

julia-pushkina [17]

All variable costs s<span>hould be subtracted from the sales price per unit to compute the unit contribution margin.</span>

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3 years ago

Due to perfect weather conditions there is a larger than expected crop of oranges this year

Rainbow [258]

ok but whats the question

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2 years ago

On March 1, Sara, a student, received a telephone call from ComputerChip, Inc. offering her a job for one year beginning on June

densk [106]

Answer:

Yes, because the job offer is for longer than one year from March 1

Explanation:

Since in the question it is mentioned that Sara who is a student have offered a job on March 1 that begins on June 15 and she have to move to california for the job. So here the Sara would ask the letter in the case when she accepted the offer immediately as the job offer would be more than one year i.e. from March 1

Therefore the above represent the answer

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3 years ago