Under the current U.S monetary system, ______ are not considered to be money.

Question

Quizplus · Accepted Answer

Debit and credit cards are not considered money themselves; they are methods of accessing funds or credit lines. Money, in the context of the U.S. monetary system, refers to physical cash and balances held in checking and savings accounts, among other forms. Credit cards represent a promise to pay, while debit cards provide access to existing funds.

Under the Current U