1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timurjin [86]
3 years ago
5

A checking account has cash that you can use at your disposal. So, when the pharmacist asked “Cash or Credit?”, why did you say

“debit” instead of either of the other two options?
Business
1 answer:
Kruka [31]3 years ago
6 0

Answer:

<h3>Credit:</h3>

Credit is usually less used than the cash and debit. The reason is that credits can help you build high balances, as it help you spend money which you currently don't have, which you may or may not be able to pay by the end of the month. If you are not able to pay by the end of the month, interest charges will be applied, and your financial hardships will easily grow.

If you have a checking account with enough cash, you simplify don't need to go for credit to avoid such a situation.

<h3 /><h3>Cash:</h3>

The use of cash is reducing day by day. The main reason is that you have to decide before leaving the house how much cash you should carry. If your wallet gets lost, money is gone. If you are at a shop and your money falls short, then you'll have to go to an ATM to withdraw some more. This may seem a lot of hassle for some, and to avoid that people prefer to go for Debit.

<h3>Debit</h3>

Debit is considered the most friendliest way of transaction.

You don't have to worry all about the interest rates and the bills you get at the end of the month by using Credit, because you are using your own money from your current account to pay for purchases.

You also don't have to worry about carrying cash with you all the time. If your debit card gets misplaced,  just report it and block it. You won't suffer any financial damage

You might be interested in
"'Suppose that while in college, you saved money by eating generic fruits and vegetables from the grocery store. Now, suppose th
zysi [14]

Answer:

Normal goods

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.

Generic fruits and vegetables are inferior goods.

Inferior goods are goods whose demand falls when income rises and increases when income falls.

I hope my answer helps you

8 0
3 years ago
Banks pay interest to encourage people to open each of the following types of accounts EXCEPT:A. credit cardB. regular savingsC.
Rama09 [41]

Answer:

A. credit card

Explanation:

A  credit card is a card issued by a bank to its customer which allows the credit card holder to borrow money from the bank.

A maximum amount that can be borrowed through the credit card is known as the credit limit of the card.

The bank provided certain interest free period to the credit card holder to return the amount borrowed and charges an interest on the amount due.

3 0
3 years ago
Read 2 more answers
Too much taxation an overuse of regulation leads to
Naddik [55]
Every things is to high
3 0
3 years ago
Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entri
disa [49]

Answer: periodic inventory system

Explanation:

The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.

In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.

5 0
3 years ago
which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?
trasher [3.6K]

The reason for imposing the price ceiling is to prevent the producer/seller from taking advantage of the consumer.

Price ceiling refers to an economic tools used by policymaker to mandate a maximum price that the seller must charge for sales of a product or service.

Price ceiling serves as a tool to prevent the producers from exploiting the consumers.

The price ceiling are imposed by the policymaker to prevent producer or seller of coffee to have price advantage of its sales to the coffee consumers.

Therefore, in conclusion, aim of preventing exploitation of consumer is the reason of imposing price ceiling on coffee market.

Read more about Price Ceiling here

<em>brainly.com/question/24644929</em>

4 0
3 years ago
Other questions:
  • Which of the following describes someone's expected outcome from
    14·2 answers
  • In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connection
    10·2 answers
  • On January 1 of the current year, Tell Co. leased equipment from Swill Co. under a 9-year sales-type (finance) lease. The equipm
    14·1 answer
  • A reduction in transaction costs will tend to
    12·1 answer
  • Four frequently used targeting strategies are the micromarketing, undifferentiated, differentiated, and __________ targeting str
    6·1 answer
  • "Roller-Tell Inc., a major supplier of components to the automobile industry, has recently confronted a crisis as one of its man
    7·1 answer
  • An increase in a firm's tax rate will__________ if the firm has debt capital in its capital structure:
    13·1 answer
  • Determine which revision of each the following sentences provides the most clarity.
    7·1 answer
  • The returns of ABC Company and the market are listed below. Compute the beta for ABC Company stock (Hint: Think rise over run).
    10·1 answer
  • Men have historically and continue to dominate in fields such as business m anagement, engineering, and medicine because ______o
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!