O Prepaid O Gift card Laura does not have a bank account and wants a safe option to store her money so she doesn't have to walk around with a lot of cash everywhere. She usually spends money on groceries and other essentials. Which payment type(s) can she use to meet her needs? card P2P Mobile wallet payment app O Prepaid card Christian just received his electricity bill and would like to pay it online for the first time. Which payment 6 type(s) can he use? Gift card O P2P O Mobile wallet payment app O Prepaid card Tim is at the local antique market and finds something he wants to buy for his room. He offers to buy it with a 7 $50 bill but the vendor doesn't have any change. Which payment type(s) can Tim use to pay the vendor? O Gift card O P2P payment Mobile wallet app O Prepaid O Gift card Abby is babysitting some of her neighbor's kids. She doesn't want to accept cash as payment. Which 8 payment type(s) can she use to get paid? card O P2P payment O Mobile wallet app
O Prepaid O Gift card Laura does not have a bank account and wants a safe option to store her money so she doesn't have to walk around with a lot of cash everywhere. She usually spends money on groceries and other essentials. Which payment type(s) can she use to meet her needs? card P2P Mobile wallet payment app O Prepaid card Christian just received his electricity bill and would like to pay it online for the first time. Which payment 6 type(s) can he use? Gift card O P2P O Mobile wallet payment app O Prepaid card Tim is at the local antique market and finds something he wants to buy for his room. He offers to buy it with a 7 $50 bill but the vendor doesn't have any change. Which payment type(s) can Tim use to pay the vendor? O Gift card O P2P payment Mobile wallet app O Prepaid O Gift card Abby is babysitting some of her neighbor's kids. She doesn't want to accept cash as payment. Which 8 payment type(s) can she use to get paid? card O P2P payment O Mobile wallet app
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Which Payment Type Should They Use

Transcribed Image Text:Laura does not have a bank account and wants a
safe option to store her money so she doesn't have to
walk around with a lot of cash everywhere. She usually
spends money on groceries and other essentials.
Which payment type(s) can she use to meet her
needs?
O Prepaid
card
O Gift
card
O P2P
payment
Mobile
wallet
app
Christian just received his electricity bill and would like
to pay it online for the first time. Which payment
6 type(s) can he use?
Prepaid
card
Gift
card
O P2P
payment
O Mobile
wallet
app
Tim is at the local antique market and finds something
he wants to buy for his room. He offers to buy it with a
7 $50 bill but the vendor doesn't have any change.
Which payment type(s) can Tim use to pay the
vendor?
O Prepaid
card
Gift
card
O P2P
payment
O Mobile
wallet
app
Abby is babysitting some of her neighbor's kids. She
doesn't want to accept cash as payment. Which
8 payment type(s) can she use to get paid?
O Prepaid
card
Gift
card
O P2P
payment
O Mobile
wallet
app
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON

Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning

Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education