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"In the United States, currency holdings per person average about" a. $110; one explanation for this relatively small average is that many people use credit and debit cards to make transactions. b. $110; one explanation for this relatively small average is that U.S. citizens hold a lot of foreign currency. c. $4,490; one explanation for this relatively large amount is that criminals probably prefer currency as a medium of exchange. d. $4,490; one explanation for this relatively large average is that U.S. citizens hold a lot of foreign currency.

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anthougo

Answer:

"In the United States, currency holdings per person average about"

a. $110; one explanation for this relatively small average is that many people use credit and debit cards to make transactions.

Explanation:

Many persons in the United States prefer the use of credit and debit cards to cash because they make it easier to settle transactions.  Whereas a debit card allows one to spend money from deposited funds at the bank, a credit card gives the holder the ability to borrow money from the card issuer to purchase items or withdraw cash.   There are credit card limits so that the cardholder does not withdraw above an established limit.

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