An Important Characteristic of the Modern Payments System Has Been

question 91

Multiple Choice

An important characteristic of the modern payments system has been the rapidly increasing use of

• A)checks and decreasing use of currency.
• B)electronic fund transfers.
• C)commodity monies.
• D)fiat money.

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Definitions:

Performing

The act of carrying out an action or presenting oneself in a certain way, often in front of an audience.

Norming

The process during which a group establishes norms or shared standards of behavior that dictate member conduct.

Interpersonal Interdependence

The degree to which the actions of one individual affect the outcomes and welfare of another in a relationship.

Group Cohesiveness

The extent to which members of a group feel bonded or united towards achieving a common objective or maintaining group membership.