Asked by
Marissa Paterno
on Nov 16, 2024
Verified
Credit cards are a medium of exchange.
Medium of Exchange
A mediating tool or mechanism designed to ease the process of buying, selling, or exchanging products among individuals or entities.
- Comprehend the economic significance of liquidity and how it's affected by various financial instruments and policies.
Verified Answer
TF
Learning Objectives
- Comprehend the economic significance of liquidity and how it's affected by various financial instruments and policies.