Due to a Flood in the Canadian Prairies, Cheques Drawn

question 184

Multiple Choice

Due to a flood in the Canadian prairies, cheques drawn on the banks in the affected area are delayed several days in reaching the payees' banks for payment. This represents an increase in _____________ float for the firms writing the cheques.

• A) Ledger.
• B) Target.
• C) Minimum.
• D) Collection.
• E) Disbursement.

Recognize the economic implications of universal phenomena such as flooding on insurance markets.

Understand the relationship between insurance policy attributes (e.g., deductibles) and consumer behavior.

Evaluate how economic growth impacts businesses across various sectors.

Understand the concept of opportunity cost and how it applies to production choices.