Question

FAN AND MEDAL
Why might the economy be worse off if financial institutions like credit card companies did not exist?

People would be more able to borrow more money.

People would likely buy fewer goods and services.

People would have to pay fewer interest payments.

People might have to carry large amounts of cash.

Answer 1

i know its not C

Answer 2

@AQ99 @sweetburger @emma.monsterr

Answer 3

Im leaning towards people would more likely buy fewer goods as this was the case before credit cards existed.

Answer 4

thanks