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What Is "Ecash

Question 65

Multiple Choice

What is "ecash"?


A) The same thing as a demand deposit
B) Money that moves along multiple channels of consumers and businesses via digital electronic transmissions
C) A type of plastic money that immediately reduces the balance in the user's bank account when it is used
D) An electronic purse that can be programmed with electronic money at ATM machines
E) None of these

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