If You Write a Check for an Amount Greater Than

question 169

Multiple Choice

If you write a check for an amount greater than your account balance,the result will be

• A)an endorsement.
• B)a reconciliation.
• C)an overdraft.
• D)a share draft.
• E)a stop payment.

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Definitions:

Industry's Output

The total production of goods or services generated by all firms operating within a specific industry.

Decreasing-Cost Industry

An industry characterized by a downward-sloping long-run supply curve, indicating lowering costs as industry output increases.

Increasing-Cost Industry

An industry in which production costs increase as output expands, often due to scarce resources or rising input prices.

Industry Expands

The process of a sector in the economy growing due to an increase in demand, production, and often, employment.