Credit Cards Should Not Be Considered a Form of Money

question 21

Multiple Choice

Credit cards should not be considered a form of money because

• A)credit cards are not universally accepted.
• B)a credit card can only be used by the cardholder.
• C)they are not a good medium of exchange.
• D)money and credit are fundamentally different.
• E)they are too susceptible to fraud.

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Definitions:

Kinetic Energy

The energy an object possesses due to its motion, which is dependent on the mass and the square of its velocity.

Pressure Differential Valve

A valve used in hydraulic systems to maintain a consistent pressure difference between two points, crucial in braking systems for safety.

Metering Valve

A valve in brake systems that controls the flow of brake fluid, ensuring proper balance and timing in brake application.

Proportioning Valve

A valve in a vehicle's braking system that regulates the pressure between the front and rear brakes, ensuring balanced braking.