Introduction of Checks into the Payments System Reduced the Costs

question 70

Multiple Choice

Introduction of checks into the payments system reduced the costs of exchanging goods and services. Another advantage of checks is that

• A) they provide convenient receipts for purchases.
• B) they can never be stolen.
• C) they are more widely accepted than currency.
• D) the funds from a deposited check are available for use immediately.

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Definitions:

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a statistical test used to compare the means of two related groups.

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A permanent pool constructed in the ground, as opposed to an above-ground pool, offering a more durable and integrated design.