What Factor Has Caused an Escalation of Check Forgeries in Recent

question 77

Multiple Choice

What factor has caused an escalation of check forgeries in recent years?

• A) the increased use of EDI
• B) the availability of cheap color printers
• C) a lack of control plans to control automated funds transfer
• D) a repeal of severe civil and criminal penalties for such crimes

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Definitions:

Positive Externality

A benefit enjoyed by a third-party as a result of an economic transaction they are not directly involved in.

Equilibrium Quantity

The amount of products or services available that matches the amount sought after at the price where supply meets demand.

Socially Optimal

A condition in which resources are allocated in the most efficient way from the perspective of society as a whole.

Positive Externality

A beneficial effect experienced by a third-party or the society at large, as a result of an economic activity, that isn't reflected in the cost.