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QuizMultiple Choice

Money

Question 1 • * HSA 26-27 Economics

People might choose to use a debit card rather than cash for purchases because

Answer
A
they do not want to carry around large amounts of cash.
B
their banking institutions charge high fees for cash withdrawals.
C
most items cost less when purchased with a debit card.
D
debit cards have a higher value than cash and can buy more.

Explanation

A debit card lets someone pay directly from their bank account without carrying much cash. This can be safer and more convenient, especially for larger purchases. Debit cards do not make items cost less or have more purchasing power than the same amount of cash.

AI-written and checked against the verified answer.

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