Credit cards are
A) not money because they are not made of paper.
B) not money.
C) money but are not a large part of the money supply.
D) money and are the largest part of the money supply.

Question

Quizplus · Accepted Answer

Credit cards are not considered money because they are simply a means of accessing money or credit that is already in existence. They do not hold intrinsic value and cannot be used to pay for goods or services directly. Therefore, they are not part of the money supply.

Credit Cards Are