Examlex

Solved

_____ Involves Any Business Transactions Executed Electronically Between Companies

question 19

Short Answer

_____ involves any business transactions executed electronically between companies.


Definitions:

Medium Of Exchange

A middleman device or framework that assists in facilitating transactions, including the selling, buying, or swapping of items, among participants.

Money Supply

The overall financial capital available in an economy at a particular moment.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they receive from the central bank's discount window.

Reserve Requirement

Regulations set by central banks determining the minimum amount of reserves each bank must hold as a proportion of its deposits.

Related Questions