List the Principal Advantage of Electronic Funds Transfers

question 18

Essay

List the principal advantage of electronic funds transfers.

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Definitions:

Unidirectional Causality

A relationship where one variable directly influences another, but not vice versa.

Empirical Studies

Research based on observed and measured phenomena, aiming to generate practical, data-driven insights.

Confusing Terms

Words or phrases that are ambiguous, unclear, or challenging to understand due to their complexity or similarity to other terms.

Complex Theories

Theories that encompass multiple variables and interactions to explain phenomena in a detailed manner.