credit A medium of exchange with limited acceptance. (Money, by contrast, is a medium of exchange with almost unlimited acceptance.) Related Related Articles: Glossary: Federal ReserveGlossary: monetary policyApples, Oranges, and the Global Covid-19 Fiscal ResponseConcrete Decisions for the U.S. Transportation InfrastructureApril 2021 Friday’s e-links: Two Podcasts, One Movie, and An Exam Problem Ann Mills Share This Previous Articlecountry of origin Next Articleeconomic scarcity December 17, 2020
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