Social Sciences, asked by KapilShekhawat, 4 months ago

what is money? what do you mean by money and credit? ​

Answers

Answered by pds39937
4

Explanation:

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.

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