Question: Q.2 Short Answer Problems (15) 2.1 Explain why credit cards are not money. Be sure to mention the role actually played by credit cards, that

Q.2 Short Answer Problems (15) 2.1 Explain why credit cards are not money. Be sure to mention the role actually played by credit cards, that is, what they allow their owner to do. (2.5) 2.2 Briefly explain how banks create money. (2.5) 2.3 Differentiate between Monetary and Fiscal Policy, justify taking Pakistan as example

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