Question

In terms of determining the money supply, the primary difference between debit cards and credit cards is that:_____.

Answer 1

A debit card uses funds from your bank account while a credit card is linked to a credit line that can be paid back later

When you make a purchase with a debit card, the money is nearly instantly deducted from your checking account to cover the cost of the item. When you use a credit card, the money will be charged to your line of credit, giving you more time to pay the payment because you will pay it later.Making the perfect time to use each card can frequently be difficult. Consider utilizing your debit card for regular purchases since you will immediately see the money deducted from your checking account. Use your credit card to pay for larger purchases like a rental vehicle or hotel stay to give yourself time to gather up cash.

Learn More About Card:

https://brainly.com/question/27350251

#SPJ4