Maya Uses E-Money Consisting of Funds Stored on Microchips in Her

question 63

Multiple Choice

Maya uses e-money consisting of funds stored on microchips in her laptop, phone, and tablet to pay bills. This effectively replaces physical cash with virtual cash in the form of

• A) coins and paper currency.
• B) electronic impulses.
• C) checks.
• D) bitcoin.

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Definitions:

Study of Culture

The academic discipline focused on analyzing and understanding the social customs, institutions, and achievements of a particular nation, people, or other social groups.

Individualistic Cultures

Cultures that emphasize personal goals, independence, and values that serve the self rather than group goals.

Collectivist Cultures

Societies that prioritize the group over the individual, emphasizing community, cooperation, and shared values.

Computers

Electronic devices designed to process, store, and communicate information, executing complex instructions through programming to perform a wide range of tasks.