Debit Cards Are the Electronic Equivalent of a Check, but Neither

question 38

True/False

Debit cards are the electronic equivalent of a check, but neither debit cards nor checks are money.

---

Definitions:

Percentage Share

A fraction or portion of a whole, typically denoted as a percentage, representing part of a total quantity or sum.

Quintiles

Statistical values that divide a set of data into five equal parts, so that each part represents 1/5th of the sampled population.

Percentage Shares

Represent the portions or fractions, expressed as a percentage, of a whole divided among entities or allocated for specific purposes.

Poverty Line

A calculated income level used as a threshold to determine the minimum amount of income a family or individual needs to afford basic living expenses.