Question on: SS1 Economics - Types of Money

What is a prepaid card?

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A

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

B

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

C

Digital currency can be used to purchase goods and services.

 

D

Payment systems that use mobile devices to make transactions.

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Correct Option: A

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