Answer in no more than 5 sentences. In your opinion, which is more convenient for you to use: cheques or actual currency? Why do you say so?

Q: What is the best way to avoid credit card debt? O Buy everything on credit. O Buy only the things…

A: There are many measures that can be taken in order to reduce the credit card debt, Like checking the…

Q: Which type of money do we currently use in the United States ?

A: There are different types of money. The most relevant types are commodity money, fiat money,…

Q: iii. What share of Salvadorans have access to the internet? How might that affect the use of Bitcoin…

A: Introduction Bitcoin is a sort of digital money that functions without a central bank and keeps…

Q: Explain how productivity, demand, and availability/supply affect the values attached to money…

A: The measure that depicts relationship between quantity of goods or services that are being demanded…

Q: What is the primary function of money. Explain in detail . No plagiarism allowed. Thankyou

A: Money is the medium of exchange between the buyers or sellers such that buyers buy the commodity and…

Q: What does the seller’s bank do?

A: A real estate deal in which the seller, rather than a financial institution, manages the mortgage…

Q: Match the given statements to the appropriate type of plastic money card. Debit card needs to be…

A: Plastic cards function as a medium of exchange, replacing fiat money in daily life. These cards are…

Q: How do you keep track of how much money is in your account?

A: Money is anything which is used and widely accepted as medium of exchange. It is used to purchase…

Q: How much money does the average American have in the bank?

A: As per Federal Reserve Survey of Consumer Finance 2016, the average balance was $10545.

Q: money is a concept has a certain value at a point in time.

A: Money is the concept that money you have in present is worth more than the identical sum in the…

Q: Question 2 (1 point) Juanita runs a bakery and each morning she makes sure her register is stocked…

A: Money has a lot of functions.  Unit of account means that all measurements can be done in terms of…

Q: Credit cards are considered money because they serve to purchase goods and services." Explain your…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: how to increase the use of Islamic credit cards in Malaysia.

A: An existence without a cerdit card is not really imaginable in present day economies, yet cerdit…

Q: Joey Espinoza has $1,000 in cash, he deposits the total amount in LegionBanc How much can LegionBanc…

A: Reserve requirements are the minimum amount of cash from the deposits that the bank is required to…

Q: If the currency is backed by a local, consumable product, then the following benefit is there-…

A: Currency backed by any goods means that printing authority must need to keep those goods in reserve…

Q: one method to spend more money is to deduct an amount automatically from your salary in a direct…

A: The direct deposit system refers to the system that allows banks to transfer a specific amount…

Q: ifferentiate the barter vs. coinage vs. paper/polyme

A: Money: Money is an object or verifiable record that is commonly used in a particular country or…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: When you set aside a portion of your earnings in a savings account, you are primarily using money as…

Q: Explain why credit cards are not considered as money.

A:

Q: In our daily life we use credit cards and debits cards for payments. Are credits cards considered…

A: Anything that is extensively used as a medium of exchange and accepted as payment is considered to…

Q: What is Money? Describe money and how it is used

A: The money market is a financial marketplace where short-term borrowing and lending take place.…

Q: What Is a Commercial Bank?

A:

Q: Debit cards are considered as __________ money

A: According to time, place and different circumstances money has evolved itself through many different…

Q: 7. Compare cash cheque and credit card with respect to ACID and ICES tests.

A: In money transfer, regardless of the type of money, two unique sets of attributes need be…

Q: State the role of money in the economy

A: When talking about money in economics, it plays a vital role in making an effective exchange of…

Q: A bank ATM mistakenly dispenses $100 bills instead of $10s: what is likely to happen

A: Dispensing $100 banknotes instead of $10 bills by mistake.

Q: What Is  bank collections?

A: Bank is the financial institution which accepts deposits of public and makes loan to earn profit.

Q: History of money

A: The word money means a medium of material where one can exchange goods and services.

Q: What do you think about the future of digital coins?

A: Any currency, money, or money-like asset that is primarily controlled, stored, or exchanged on…

Q: DISCUSS THE DISADVANTAGES OF BARTER SYSTEM   THANK YOU

A: The barter system was used in earlier times to exchange commodities. In this system, one good was…

Q: Fiat money is accepted as money becaus?

A: The term is gotten from the Latin word fiat, and that implies an assurance by power — for this…

Q: What is the meaning of transfer of money

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: What Is a Commercial Bank?

A: Banking system plays the critical role in an economy. It collects the funds from surplus sector…

Q: Views on electronic money, or e-money, and digital cash

A: Money is a medium of exchange and is accepted as payment of any product or service.

Q: Task 2: Create characteristics a poster to explain the main of money.

A: Note: The main characteristics of money are explained in the provided answerMoney is a crucial…

Q: what are the three main credit bureaus? They should explain how each one works and how they are…

A: This chapter is related to credit bureau. Credit bureau, also known in the US as credit reporting…

Q: Why is money considered fungible?

A: The term “fungibility” means the sate of interchangeability. Money is a unit that acts a measure of…

Q: Based on your current situation, which of the cards would best suit your needs today? (Credit, debit…

A: "Plastic money" is a term that refers to payment cards that are made of plastic, such as credit…