Are either credit cards or debit cards money

Assignment Help Microeconomics
Reference no: EM13218940

Debit cards allow an individual to transfer funds directly in a checkable account to a merchant without writing a check. How is this different from the way credit cards work? Are either credit cards or debit cards money? Explain.

Reference no: EM13218940

Questions Cloud

What is the cross price elasticity of demand : What is the cross price elasticity of demand between XYZ's and AB C's widgets?
Aisan americans and pacific islanders aer a model minority : If someone told you (a) Aisan Americans and Pacific Islanders aer a model minority , and (b) Asians Americans and Pacific Islanders belong to a single Asian American culture, what do you say to them to convince them both statements are misconceptions
What level of output maximizes the firms profits : Complete the chart below for a firm that is operating under conditions of perfect competition where the market price is $22. What level of output maximizes the firm's profits Quantity -21,22,23,24 Price Total Revenue Marginal Revenue
Use the magnetization curve : Determine the battery voltage required to obtain a flux density of 1.2 T in the air gap. Use the magnetization curve.
Are either credit cards or debit cards money : Debit cards allow an individual to transfer funds directly in a checkable account to a merchant without writing a check. How is this different from the way credit cards work Are either credit cards or debit cards money Explain.
What is the distance between the slits : Two slits produce fringes on a screen that is at a distance of 2.05 m from the slits. When the wavelength is 608 nm, the fringTwo slits produce fringes on a screen that is at a distance of 2.05 m from the slits. When the wavelength is 608 nm, the f..
Explain long-term liabilities for any potential issues : Now that the current liabilities have been completed for the audit, the audit senior has asked you to review the long-term liabilities for any potential issues. After reviewing the long-term liability documents, you noticed the following potential..
Relationship between class and race-ethnicity and gender : What is the relationship between class AND race, ethnicity and gender? Are class considerations at the core of public policy outcomes? Be sure to provide relevant examples.
Determine the battery voltage required to obtain a flux : the magnetic circuit shown with a mean core length of 52 cm and a cross sectional area of 18 cm^2. the length of the air gap is 0.14 cm. Determine the battery voltage required to obtain a flux density of 1.2 T in the air gap. Use the magnetization..

Reviews

Write a Review

Microeconomics Questions & Answers

  Analyze major barrier for entry and exit in airline industry

Analyze the major barriers for entry and exit into the airline industry. Explain how each barrier can foster either monopoly or oligopoly. What barriers, if any, do you feel give rise to monopoly that will allow the government to become involved t..

  The economic problems facing the country

It is 1932 and you are an economic advisor to President Roosevelt. what advice would you give the president in light of the economic problems facing the country?

  How to shift the demand for health care leftward

The price elasticity of demand for health care is such that an increase in the price of health care will: decrease total health care expenditures. increase total health care expenditures. shift the demand for health care rightward. shift the deman..

  Case study - monopolistic competition and oligopoly

Fronterra, created in 2001 by New Zealand lawmakers, profits some 13,000 dairymen instead of all the citizens of the nation.

  Determining equilibrium price and output

Consider the competitive market served by many domestic and foreign firms. The domestic demand for such firm's product is Qd=500-1.5P. The supply function of domestic firms is Qsd=50+.5P, while that of the foreign firms is Qsf=250.

  Calculate the maximum lump-sum tax

California's newly deregulated power market start operation. The large power utilities in state turned over control of their electric transmission amenities to the new Independent System Operator (ISO) to promise fair access to transmission through a..

  Explain why using the gravity model

Over the past few decades, East Asian economies have increased their share of world GDP. Similarly, intra-East Asian trade-that is, trade among East Asians nations-has grown as a share of world trade. More than that, East Asian countries do an in..

  How much will you charge him for the of paper

Suppose that you are the only seller of paper in the market, and you know that John already has a printer, how much will you charge him for the (100 units of) paper?

  Find the amount of the transfer implied by consultant

Find the amount of the transfer implied by consultant B and determine whether the consumer is better or worse off from Consultant C's suggestion than before the price increases.

  How much would monopolist sell in each market

Consider a firm that is a monopolist in the domestic market facing a demand curve given by p = 100 - q, but can also sell in the world market where there is perfect competition and the market price is 60. The firm is a price taker in the world mar..

  Economic scenario of us

The U.S. is in recession and, at last report, GDP was shrinking at a rate of 1% per year. The unemployment rate is rising and now stands at 7%. In recent months, the rate of inflation has been holding steady and is increasing at an annual rate ..

  How does the marriage affect gdp

suppose a women marries her butler. after they are married, her husband continues to wait on her as before, and she conitues to support him as before ( but as husband rather than as an employee). how does the marriage affect GDP

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd