Checking Accounts Perform the Same Market Functions as Cash

question 24

True/False

Checking accounts perform the same market functions as cash.
The essence of money isn't its taste,color,or feel,but rather its ability to purchase goods and services.

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Definitions:

Flower

Reproductive organ of a flowering plant, consisting of several kinds of modified leaves arranged in concentric rings and attached to a modified stem called the receptacle.

Male Structure

Anatomical parts specific to the male of a species, often involved in reproductive processes.

Flower

A flower is the reproductive structure found in flowering plants, responsible for the production of seeds and fruit.

Fertilization

Fertilization is the process by which male and female reproductive cells (gametes) unite to form a new cell that will develop into a new organism.