Assume Many More Stores Agree to Accept Credit and Debit

question 47

Multiple Choice

Assume many more stores agree to accept credit and debit cards.Which of the following will be a likely outcome?

• A)the money multiplier will decrease
• B)the money multiplier will increase
• C)money supply will decrease, given a fixed monetary base
• D)the currency-deposit ratio will increase
• E)the reserve-deposit ratio will decrease

Grasp different strategic approaches for planning proposals.

Identify the sections of a report and their purposes.

Acknowledge the role of style, tone, and formality in business communication.

Recognize the importance of document structure and organizing principles for readability and effectiveness.

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Definitions:

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee being able to transfer it to another party.

Writing

The act or process of producing text, symbols, or other forms of communication on a surface, often for recording or conveying information.

Words Of Negotiability

Phrases or terms in a financial document that grant the right to transfer it to another party, ensuring its negotiability.

Oral Agreement

A verbal commitment between parties to do or not do something, which can be legally binding, although proving the terms and existence can be challenging.