The Payments System Is

question 5

Multiple Choice

The payments system is

• A)the mechanism for conducting economic transactions.
• B)another name for the system of foreign exchange rates.
• C)the phrase used to describe how transactions are carried out in an economy that does not use money.
• D)the way in which economic transactions are carried out in a government-controlled economy, such as the former Soviet Union.

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Definitions:

Deoxyribose Sugar

A five-carbon sugar molecule that is a component of DNA molecules, lacking an oxygen atom compared to ribose.

Phosphoric Acid

A weak acid with the chemical formula H3PO4, widely used in detergents, fertilizers, and food processing.

Thymine

A pyrimidine nucleobase found in DNA, pairing with adenine, crucial for DNA stability and integrity.

Nucleic Acids

Biopolymers essential to all known forms of life, which carry genetic information in cells and are made up of sequences of nucleotides.