Which One of the Following Statements Is TRUE

question 16

Multiple Choice

Which one of the following statements is TRUE?

• A) Not all forms of currency are accepted equally well by the public as a medium of exchange.
• B) Checkable and debitable account balances are not money, but currency is.
• C) Checkable and debitable accounts are considered money by law in only 15 states.
• D) The value of the dollar rises along with the increases in the consumer price index.

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Definitions:

Automatically Processed

Information that is processed in the mind effortlessly and without the need for conscious thought.

Email Checking

The action of looking through one's email inbox to read or manage incoming messages, often considered a routine part of personal and professional life.

Imagery

The use of descriptive language to create pictures in the mind or the visualization of scenes or objects.

Bicycle

A human-powered vehicle with two wheels attached to a frame, one behind the other, propelled by pedals.