Answered: Increases in usage of debit, credit and…

Increases in usage of debit, credit and smart cards all temporarily increase the quantity of money in the economy. True False.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Increases in usage of debit, credit and smart cards all temporarily increase the quantity of money in the economy.

True

False.

Type out the correct answer asap with proper explanation of it.

Why true n why false

Thank u

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