ATMs Were Developed Because of Breakthroughs in Technology and as a

question 50

Multiple Choice

ATMs were developed because of breakthroughs in technology and as a

• A)means of avoiding restrictive branching regulations.
• B)means of avoiding paying interest to corporate customers.
• C)way of concealing transactions from the SEC.
• D)increasing the competition from foreign banks.

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Definitions:

Government Regulations

Laws and rules enforced by the state designed to control the behavior of citizens and organizations, often meant to protect public health and safety.

Productivity

Productivity measures the efficiency of production in terms of the amount of output produced per unit of input.

Economic Measure

A quantitative indicator used to assess the economic performance of a country, such as GDP, inflation rate, or unemployment rate.

HR Certification Institute

An organization that offers professional certification for human resource professionals, indicating expertise and commitment to industry standards.