What Is a Debit Card

question 131

Multiple Choice

What is a debit card?

• A) The same thing as a demand deposit
• B) Money that moves along multiple channels of consumers and businesses via digital electronic transmissions
• C) A type of plastic money that immediately reduces the balance in the user's bank account when it is used
• D) An electronic purse that can be programmed with electronic money at ATM machines
• E) The same thing as a time deposit

---

Definitions:

Pie

A baked dish typically made with a pastry dough casing that contains a filling of various sweet or savory ingredients.

Total Utility

The complete fulfillment obtained through the consumption of a specified quantity of products or services.

Macaroni and Cheese

A popular dish made with cooked macaroni pasta and a cheese sauce, often baked to finish.

Serving

Serving refers to the act of presenting food or drinks to someone, typically in a restaurant or hospitality context.