Statement I: Whether You Pay with Currency,with a Credit Card,or

question 21

Multiple Choice

Statement I: Whether you pay with currency,with a credit card,or with a check,all of these methods are a form of money.
Statement II: Negotiated Orders of Withdrawal (NOW) accounts are checkable deposits.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

General Impression

An overall or summary opinion formed about something or someone, often without detailed analysis or based on limited information.

Innate System

The innate system typically refers to inborn biological structures or mechanisms that come naturally, without being learned or acquired.

Survival Value

The degree to which a behavior or trait increases the chances of an individual or species to survive and reproduce.

Observable Characteristics

Traits or features of individuals or objects that can be directly seen or measured.