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Essays on Federal Reserve Page 2

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Essay Examples

Economics Change Task

Economics

Federal Reserve

Words: 611 (3 pages)

Explain thoroughly why credit cards are not technically money. Credit- card purchases really is just a pre-approved loan. Its only part of the transaction, since the merchant then goes to the bank that issued the credit card to get money. Then the banks sends you a bill which must be paid with money. When you…

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