The Efficiency of the Payments' Mechanism Affects

question 111

Multiple Choice

The efficiency of the payments' mechanism affects

• A)the speed with which money can be exchanged for other assets.
• B)how quickly individual loan applications will be approved.
• C)how slowly individuals deplete their cash balances.
• D)the speed with which financial institutions can process checks and other funds.

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Analysis

The process of examining data or information in order to understand it better, often to draw conclusions or make decisions.

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Structured accounts or statements describing the process, progress, or results of an investigation or analysis, intended to inform readers.