The use of credit cards reduces the demand for money and increases the velocity of money because with credit cards less ... less money will be needed in comparison with a system where messages concerning the transfer of funds are sent byanbsp;...
Title | : | Essentials of Monetary and Fiscal Economics |
Author | : | Chaman L. Jain, Igor M. Tomic |
Publisher | : | Institute of Business Forec - 1995-01-01 |
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