Which of the Following Transactions Is Not Included Among Automated

question 17

Multiple Choice

Which of the following transactions is not included among Automated Clearing House payments?

• A) ATM deposits
• B) business-to-business electronic payments
• C) checks
• D) Internet-initiated debit card payments
• E) local tax payments

---

Definitions:

Perfectly Inelastic

A market situation where the quantity demanded or supplied is completely unresponsive to price changes.

Demand Determined

A market characteristic where the quantity of products or services provided is primarily set by the level of demand.

Fixed Supply

A situation where the quantity of a specific good available in the market cannot be altered in the short term.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced with the number of hours worked.