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9 July, 18:56

The amount of money that can be charged on a credit card is called purchasing power.

true or false

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  1. 9 July, 21:44
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    This is false: Purchasing power is something else.

    Purchasing power s the amount of goods ans services that can be purchased with a unit of currency.

    The amount of money that can be charged on a credit card is called credit limit.

    Also, the amount of money in a given account is called balance.
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