Which of the Following Is a Disadvantage of Using Debit

question 46

Multiple Choice

Which of the following is a disadvantage of using debit cards?

• A)Debit cards are unsafe for use.
• B)Debit cards do not provide a grace period between a purchase and required payment.
• C)Debit cards delay payments.
• D)Debit cards are not not easy to use.
• E)Debit cards make purchases more expensive than they actually are.

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Definitions:

Ego Transcendence

is achieving a sense of meaning beyond the self, as theorized by Erik Erikson in his stages of psychosocial development, especially relevant in late adulthood.

Physical Limitations

Restrictions on an individual's physical capabilities due to conditions, disabilities, or impairments.

Quantity Theory

A theory in economics that argues the amount of money in circulation in an economy is directly proportional to the price level of goods and services.

Exchange Rate

The value of one country's currency in relation to another country's currency.