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:

Observable Culture

The visible and tangible elements of a culture that can be witnessed through practices, behaviors, and symbols within a group or organization.

Unobservable Culture

Aspects of an organization's culture that are not easily seen or understood by outsiders, such as values and beliefs.

External Adaptation

A pattern of basic assumptions shared between employees of the goals, tasks, and methods that need to be achieved, together with ways of managing success and failure.

Outside Influences

External factors or forces that can affect a person's decisions, behaviors, or outcomes, often beyond their immediate control.