Author Question: Many people prefer debit cards to checks because: a. checkbooks are not required and direct ... (Read 63 times)

sheilaspns · **on:** Jun 30, 2018

Many people prefer debit cards to checks because:
a. checkbooks are not required and direct payments are made.
b. checks are unsafe for use.
c. debit cards delay money payments.
d. using checks is time consuming.
e. debit cards help account holders get a loan from the card issuer.

Question 2

The fraction of an increase in income that is saved is referred to as the _____.
a. marginal propensity to save
b. average propensity to save
c. marginal propensity to consume
d. average propensity to consume
e. saving-consumption ratio