Why should the gift cards be considered part of money supply


Problem

Gift Cards. Gifts cards have grown in popularity as a mechanism to give gifts. Cards are available for popular book stores and for coffee shops. Should these gift cards be considered part of the money supply? How do they differ from travelers checks?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why should the gift cards be considered part of money supply
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