If You Write a Check for an Amount Greater Than

question 86

Multiple Choice

If you write a check for an amount greater than your account balance, the result will be a(n) :

• A) endorsement.
• B) stop payment.
• C) overdraft.
• D) share draft.
• E) reconciliation.

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Definitions:

Price Levels

A calculated average price for every good and service produced domestically.

Keynesian Range

A segment of the Aggregate Supply curve where output is significantly influenced by demand, based on Keynesian economics.

Aggregate Demand

The collective quest for goods and services within an economic sphere, pegged at a designated price level and spanning a predetermined interval.

Real National Output

The total value of all goods and services produced by a country over a specific time period, adjusted for inflation.