Math, asked by aaquibjems, 7 months ago

what is money and credit

Answers

Answered by Anonymous

2

Answer:

Money is a medium of exchange that enables the user make transactions and buy goods and avail services. ... Credit is the money borrowed from a bank or lender based on the promise that the money will be paid back in future along with interest. The flow of credit in an economy controls the money supply.

Answered by shweta5253

0

Answer:

money is amount of cash u have and credit is the money borrowed

Previous Question

Next Question

Similar questions

Biology, 3 months ago

why arota is largest artarie ...

Math, 3 months ago

4.Construct triangle PQR such that PQ = 4 CM, QR = 3.6 CM and PR = 6 CM. draw the perpendicular bisector QS to side PR. please help the solve in mathematics ...

Math, 3 months ago

rational number of 2.7435 is...

Biology, 7 months ago

the female reproductive organ of a flower a)germination b) fruit c)gynoecium d)androecium...

Math, 7 months ago

How to find how many numbers lie bet ween two integers...

Computer Science, 11 months ago

2 A3, A4 are the types of............. (a) page orientation (b) page number (c) paper size 3. With the help of.............. feature, you send the same letter to a number of people (a) Hyperlink (b) Calendar (c) Mail Verge 4 Tohide or show the ruler, click............ button present on the scroll bar (a) See Ruler (b) Display Rules (c) View Ruler 5............is the amount of vertical space...

Chemistry, 11 months ago

calculate the three molar mass of the CO2...

Math, 11 months ago

29. The strength of a class is 300. If the number of boys is increased by one-fifth of the total number of students and number of girls is decreased by one-tenth of the total number of students number of boys will exceed that of girls by 120. Find the numbers of boys and girls 1 160,140 2.165.135 3. 130, 170 4.150.150...