Question

Using a debit card to purchase a good is financially most similar to using a:

O Check
OMoney market account
Credit card
OLoan

Answer 1

Using a debit card is financially most similar to using a credit card.

Step-by-step explanation:

Using a debit card to purchase a good is financially most similar to using a credit card. Both debit and credit cards allow you to make purchases without carrying cash. However, the key difference is that with a debit card, the money is directly deducted from your bank account, while with a credit card, you're borrowing money from the credit card issuer.

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