When a Person Cashes a Check Drawn on Her Own

question 57

Multiple Choice

When a person cashes a check drawn on her own account,the money supply

• A)increases.
• B)decreases.
• C)remains the same.
• D)increases because of interest rates.

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Definitions:

Useful Forms

Objects or substances that have been modified or structured in a way that makes them beneficial or practical for specific purposes.

Natural Gas

A fossil fuel used primarily for heating, cooking, and electricity generation, consisting mainly of methane.

Government Savings Bond

A low-risk investment product issued by a government, offering a fixed rate of interest over a specified period.

Scarcity

The essential economic issue revolves around the apparent infinite desires and necessities of humans in a world where resources are finite.