A(n) ____ Functions as a Substitute for Cash

question 431

Multiple Choice

A(n) ____ functions as a substitute for cash.

• A) parley
• B) easement
• C) negotiable instrument
• D) notable instrument
• E) credit instrument

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Definitions:

Fairness

In economics and social policy, fairness relates to equitable treatment and distribution of resources and opportunities among individuals and groups, often debated in the context of income distribution and access to services.

Price Increases

A rise in the cost of goods or services over a period, often due to factors like inflation, increased costs of production, or supply and demand shifts.

Higher Costs

Situations where the expenses associated with producing goods or services are elevated, often reducing profitability.

Business Firms

Business firms are entities that engage in professional, commercial, or industrial activities with the aim of generating profits from their operations.