Math, asked by aaquibjems, 8 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

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