Cheques Are Not Money Because They

question 22

Multiple Choice

Cheques are not money because they

• A)are not always accepted when trying to purchase goods or services.
• B)are just instruments to transfer money between banks.
• C)are not issued by the government.
• D)are not guaranteed by banks.
• E)can bounce when there are not enough funds to cash them.

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Definitions:

Rewards Or Punishments

Mechanisms used to motivate individuals or groups, where rewards incentivize desired behaviors and punishments deter undesired ones.

Covert Influence

The subtle or hidden exertion of control or persuasion over others’ decisions or behavior without their explicit awareness.

Manipulation And Cooption

Strategies used to influence or control others' actions or decisions subtly and, sometimes, unethically.

Explicit And Implicit Coercion

The use of direct threats or force to influence actions (explicit) and the subtler pressure exerted through social norms or expectations (implicit).