An Important Characteristic of the Modern Payments System Has Been

question 91

Multiple Choice

An important characteristic of the modern payments system has been the rapidly increasing use of

• A)checks and decreasing use of currency.
• B)electronic fund transfers.
• C)commodity monies.
• D)fiat money.

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Definitions:

Valid

Meeting the requirements or criteria effectively, often used in the context of arguments, data, or research findings.

Individual Differences

Variations among individuals in their psychological traits, behaviors, or physiological responses, which can influence their abilities, preferences, and performances.

Treatment Effectiveness

The degree to which a therapeutic intervention achieves its intended outcome under usual or clinical conditions.

Outcome Research

A type of research that focuses on understanding the results or outcomes of particular health care practices and interventions.