Using a credit card is most like
A) the money supply increasing.
B) the value of fiat money being reduced.
C) the value of fiat money being increased.
D) a short-term loan from a bank.
E) a short-term deposit at a bank.

Question

Quizplus · Accepted Answer

Using a credit card is similar to taking out a short-term loan from a bank, as the credit card company is essentially lending the cardholder money that they will need to pay back with interest.

Using a Credit Card Is Most Like