The First Discovery of the Water-Soluble Material Used in Contact

question 1

Multiple Choice

The first discovery of the water-soluble material used in contact lenses is an example of

• A)innovation.
• B)invention.
• C)creative destruction.
• D)diffusion.

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Definitions:

Total Reserves

The amount of funds that a bank or financial institution has in its vault or with the central bank, available to meet any withdrawal or payment demands.

Debit Cards

Payment cards that deduct money directly from a consumer's checking account to pay for a purchase.

PIN Number

A personal identification number that securely authenticates a user's identity, often used in bank transactions.

Credit Cards

Financial instruments issued by banks and financial institutions that allow cardholders to borrow funds up to a specified limit to purchase goods and services.