Question on: SS1 Economics - Types of Money

What is a credit card?

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A

A plastic card that allows you to spend money directly from your bank account.

B

Physical currency that includes coins and banknotes issued by the government.

C

A plastic card that allows you to borrow money from the card issuer and pay it back later with interest.

 

D

Digital currency that can be used to purchase goods and services.

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Correct Option: C

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