2006-09-26 11:09:40 · 7 answers · asked by sacmom122 1 in Business & Finance ➔ Other - Business & Finance
the idea of any paper money is just a concept in peoples mind, so it does not matter what form you choose to spend it, as cash, cheque, electronically as a credit card ect. It is just a concept anyway.
2006-09-26 11:21:21 · answer #1 · answered by kel 5 · 0⤊ 0⤋
Cash, checks, credit cards, electronic funds ... makes no difference.
Except that a little part of the money supply would go to check printers.
2006-09-26 11:12:02 · answer #2 · answered by Jim 5 · 0⤊ 0⤋
The money supply (M*) will not change...checks are a form of currency.
2006-09-26 11:13:54 · answer #3 · answered by Stugots 2 · 1⤊ 0⤋
It does not matter..it's not our money anyway..the federal reserve owns it all! see link below!
2006-09-26 11:14:05 · answer #4 · answered by MC 7 · 0⤊ 0⤋
more money is kept in banks?
2006-09-26 11:10:48 · answer #5 · answered by Anonymous · 0⤊ 0⤋
they get more money
2006-09-26 11:18:22 · answer #6 · answered by LilD 1 · 0⤊ 0⤋
absolutely nothing
2006-09-26 11:11:32 · answer #7 · answered by blindskater2846 1 · 0⤊ 0⤋