Final answer:
Loading money onto a Cruisin Card or multiple cards involves managing existing funds in your accounts. Credit, debit, and smart cards do not change the economy's money supply; they are tools for transferring money for purchases. On a cruise ship, Cruisin Cards are used for cashless transactions, where all onboard spending is combined into one bill at the end of the journey.
Step-by-step explanation:
When considering how to load money onto a Cruisin Card or multiple cards, it's important to understand the basic principles of credit cards, debit cards, and smart cards. These are all mechanisms to facilitate the transfer of money when making purchases, but they do not alter the total amount of money within the economy. For instance, getting additional checks printed doesn't increase the funds in your checking account in the same manner as having more credit or debit cards doesn't increase the total money supply.
In the context of a cruise ship, transactions are typically cashless except for purchasing souvenirs. This implies that all expenses incurred onboard are tallied into a single bill that is paid at the end of the journey. Whether using a Cruisin Card or any other form of payment, it's about managing and spending existing funds—often from M1, which is the most liquid form of money, including currency and checks. Credit card expenses are essentially spending the credit card company's M1, which you later repay.