One advantage of using checks over a debit card is:
A) checks can be replaced if lost or stolen, a debit card cannot.
B) the bank is responsible if someone steals your checks and uses them; this isn't the case with debit cards.
C) a cancelled paper check is the only generally accepted proof of payment.
D) the person has "float," meaning time between writing the check and depositing funds to cover it.
Correct Answer:
Verified
Q54: The most commonly quoted monetary aggregate is:
A)
Q55: M1 is:
A) a more useful measure of
Q56: Which of the following assets is least
Q57: M1 is:
A) about 17% of GDP.
B) equal
Q58: One major difference between a debit and
Q60: Gross Domestic Product in the U.S. is
Q61: In countries with low inflation:
A) M2 growth
Q62: Economists study the link between money and
Q63: The Consumer Price Index (CPI):
A) tends to
Q64: Sue uses a credit card to purchase
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents