The Set of Items That Serve as Media of Exchange

question 49

Multiple Choice

The set of items that serve as media of exchange clearly includes

• A)balances that lie behind debit cards.
• B)demand deposits.
• C)other checkable deposits.
• D)All of the above are correct.

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Definitions:

Reduce Risk

Strategies or actions taken to minimize the likelihood of harm or adverse outcomes.

Émile Durkheim

A French sociologist, one of the founding figures in the field of sociology known for his studies on social structure and integration.

Altruistic Suicide

Suicide committed by people who believe that taking their own life will benefit society.

Benefit Society

An organization that provides mutual aid, insurance, and financial or social benefits to its members.