Which of the following is false?
A) The payments mechanism is the means by which transactions are completed; how money is transferred among transactors.
B) When you write a check at the grocers, dollars are then credited (added) to the deposit account of the grocer, and debited (removed) from your account.
C) The balances in checkable deposits are money.
D) Technological advances are making checks much more important as a means of payment than in the past.
Correct Answer:
Verified
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A)The U.S.
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A)Domestic nonfinancial
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A)makes payments to
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A)a
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Q64: Ceteris paribus, the relationship between the quantity
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