Credit is the use or possession of goods without immediate payment. Which of the following is a type of credit?

Related MCQs

• An arrangement between a seller and buyer under which a period of credit is allowed before payment is called:
• The desire for a particular good or service supported by the possession of the necessary means of exchange to effect ownership is called:
• A trade of goods and services in the exchange for other goods or services rather than for money is known as:
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• The excess of the value of imports of goods and services over the value of exports of goods and services is called:
• Bimetallism is the monetary policy based on the use of two metals, as legal tender without limit and equalized by law in a fixed ratio. Which are these two metals?
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• Subsidies are payment by government to –
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