Which of the Following Is False

question 125

Multiple Choice

Which of the following is false?

• A)Demand deposits and other checkable deposits have replaced paper and metallic currency as the major source of money used for transactions in the United States.
• B)Credit cards are not money; they are substitutes for the use of money in exchange.
• C)Most of the money that we use for day-to-day transactions is not official legal tender.
• D)Our money is money because of confidence that we have in private financial institutions as well as our government.
• E)None of the above is false; all are true.

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Definitions:

Need For Power

Is an individual’s desire for influence or control over others, which can drive behavior and motivate actions in both personal and professional contexts.

Exercising Authority

The act of using power or control that has been granted to an individual or entity, often in a leadership or managerial context.

Socially Anxious

Describes individuals experiencing discomfort or fear in social situations, fearing negative evaluation or judgment by others.

Low In Self-Esteem

Describes individuals who have a consistently poor self-image and lack confidence in their value and abilities.