Checks and Credit Cards Are NOT Considered Money Because They

question 341

Multiple Choice

Checks and credit cards are NOT considered money because they

• A) are not the means of payment.
• B) are not backed by all commercial banks.
• C) are issued by banks, not the Federal Reserve.
• D) typically require an identification check, such as your driverʹs license.

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Definitions:

Psychological Disorders

A wide range of mental health conditions that affect mood, thinking, and behavior, often leading to distress or impairment in daily functioning.

Cognitive-behavioral Therapy

A psychotherapeutic treatment that helps patients understand the thoughts and feelings that influence behaviors to address and manage mental disorders.

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Randomized Clinical Trial

A randomized clinical trial is a scientific study where participants are randomly assigned to different groups to compare the effects of various treatments or interventions.