Match the Terms with the Definitions

question 87

Multiple Choice

Match the terms with the definitions.
-Machines used by depositors to make withdrawals or deposits at any time.

• A)outstanding checks
• B)cash
• C)petty cash voucher
• D)automated teller machines
• E)change fund
• F)internal control
• G)credit memos
• H)debit memos

---

Definitions:

Rationing Mechanisms

Methods or systems used to allocate scarce resources among competing uses.

Binding Price Ceilings

Government-imposed limits on the price of goods or services that are set below the market equilibrium price, leading to shortages.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or commodity.

Gasoline Shortage

A situation where the demand for gasoline exceeds the supply available, often leading to price increases and long lines at fuel stations.