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

Question

Quizplus · Accepted Answer

Credit cards are not considered money as they represent a promise to pay later rather than a physical representation of currency. While they can be used to make purchases and incur debt, they are not considered part of the money supply.

Credit Cards Are