The use of credit cards
A)will eventually eliminate the use of money.
B)represents a loan of money to the user.
C)is a use of "near money."
D)is an example of using money as a store of value.

Question

Quizplus · Accepted Answer

Credit cards represent a loan of money to the user, which has to be paid back with interest. They do not eliminate the use of physical money and are not a store of value like cash. Credit cards are considered "near money" as they can be easily converted into cash.

The Use of Credit Cards