What is relevance of plastic money in economics ? (in brief)
Answers
Economic Definition of plastic money. ... The "plastic" portion of this term refers to the plastic construction of credit cards, as opposed to paper and metal of currency. The "money" portion is an erroneous reference to credit cards as a form of money, which they are not.
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Answer:
Answer:The term 'plastic money' refers to the use of technology to facilitate digital transactions that can be conveniently carried out without having to visit the banks every time. Plastic Money has a host of advantages. First and foremost, the transactions are very transparent when done via technology..Introduction to Plastic Money. ... Now you can say that technology here means use of plastic money, plastic money can be your debit or credit card; technology can also mean wire transfer of funds from one account to another and the use of internet for your various banking transactions The distribution of plastic money has increased due to the fact that ... The present paper makes an attempt to understand relevance ..... MONEY circulation in economyThe importance of plastic money in today's scenario. ... These results are attributable to the thriving economy which led
Answer:The term 'plastic money' refers to the use of technology to facilitate digital transactions that can be conveniently carried out without having to visit the banks every time. Plastic Money has a host of advantages. First and foremost, the transactions are very transparent when done via technology..Introduction to Plastic Money. ... Now you can say that technology here means use of plastic money, plastic money can be your debit or credit card; technology can also mean wire transfer of funds from one account to another and the use of internet for your various banking transactions The distribution of plastic money has increased due to the fact that ... The present paper makes an attempt to understand relevance ..... MONEY circulation in economyThe importance of plastic money in today's scenario. ... These results are attributable to the thriving economy which led