Theresa Chavez
@theresa-chavez
Credit cards are not part of currency stock; they are tools for spending before payment and do not affect the total amount of money in the economy. Credit cards can influence money demand as they allow for lump-sum repayment at the end of the month, reducing the need for cash. The balance behind debit cards is part of currency stock, and using debit cards directly impacts the amount of money in the economy.
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