The vast majority of monetary payments do not take place with _________________ but, rather, via the financial system.
A) Electronic transfers
B) Physical notes and coins
C) Credit cards
D) All of the above
E) None of the above
Correct Answer:
Verified
Q17: From a geographical standpoint, depositors, banks, and
Q18: Consumer finance extends credit to:
A) Individuals
B) Corporations
C)
Q19: Credit extended through consumer finance is intended
Q20: The banking system will allocate financing to
Q21: In a capitalist system, money serves primarily
Q23: Historically, the U.K. banking system became increasingly
Q24: The development of regulation by each individual
Q25: A local or regional banking system is
Q26: A nationally-oriented banking system is often:
A) Less
Q27: A massive consolidation of banks has occurred
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