If the Public Switches from Using Cash for Most Transactions

question 43

Multiple Choice

If the public switches from using cash for most transactions to using checks instead, then all else equal, the money supply will:

• A)increase.
• B)decrease.
• C)not change.
• D)either increase or decrease.

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Definitions:

Intelligence

The ability to learn, understand, and apply knowledge, solve problems, and adapt to new situations.

Changeable Intelligence

The concept that an individual's intellectual capacities can grow and change with time and experience.

Polygenetic

Related to or involving many genes, explaining the inheritance of complex traits that are affected by multiple genetic factors.

Genetically Dissimilar

Referring to organisms that have different genetic makeup or alleles, resulting in variations within a species.