Explain why American households have moved away from the use of cash and checks to debit and

Question:

Explain why American households have moved away from the use of cash and checks to debit and credit cards to purchase retail goods and services. Explain what effect, if any, the increased use of debit and credit cards has on the demand for money.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

Question Posted: