do debit cards have all of the same qualities as money? (1 point) yes, they share the same characteristics…

do debit cards have all of the same qualities as money? (1 point) yes, they share the same characteristics. no, debit cards are much more awkward than cash. no, debit cards are not recognized by many merchants. yes, for businesses there is no difference between the two.

do debit cards have all of the same qualities as money? (1 point) yes, they share the same characteristics. no, debit cards are much more awkward than cash. no, debit cards are not recognized by many merchants. yes, for businesses there is no difference between the two.

Answer

Brief Explanations:

Money has several key characteristics such as being a medium of exchange, a unit of account, and a store of value. Debit cards are mainly a medium of exchange (used for payments). They are not a store of value in the same sense as physical money (like cash in a piggy - bank). Also, while debit cards are widely accepted, saying "for businesses there is no difference" is incorrect as there are processing fees and other differences. Saying debit cards are "much more awkward" is a subjective and inaccurate statement compared to the fundamental characteristic difference. And debit cards are widely recognized by merchants.

Answer:

No, they do not share all the same characteristics as money.