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Why are debit cards not listed as money?
a. not all banks issue debit cards.
b. debit cards cannot be used for payments at most stores.
c. because they perform the same function as checks, and checks are counted as money.
d. debit cards draw on checkable deposits, which are already counted as money?

Respuesta :

Why are debit cards not listed as money? Because they perform the same function as checks, and checks are counted as money. Debit cards are sometimes called check cards because they are linked directly to a checking account just as writing a check to someone would be. Since they are essentially serving the same purpose as a check, they are not listed as a money source. 

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