Question on: SS1 Economics - Types of Money

What is a debit card?

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A

Plastic card that allows you to spend money directly from your bank account.

B

Physical currency that includes coins and banknotes issued by the government.

C

A plastic card that allows you to borrow money from the card issuer and pay it back later with interest.

 

D

A card that has a fixed amount of money loaded onto it and can be used to make purchases until the balance runs out.

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Correct Option: A

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