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Money orders & pre-paid cards are the payment types that require you to pay upfront.
These types of payment method require that you pay upfront and get a check which is available in banks, retails stores etc.
A paper document used to make payment, similar to check is known as Money order. It is only issued when after buyer pay cash or other forms of guaranteed fund because they are prepaid.
The people that often used money orders do not have standard checking account, money orders is acceptable and can be converted to cash.
This method of payment is acceptable and is mostly used for paying debts, and it can be purchased from financial institution for a small fee. Some of the places where money orders are sold include post offices, grocery stores, and gas stations. This makes it easy for anyone to purchase.
Pre-paid cards are often called everyday cards. It is plastics and an alternative to carrying money around. When you purchase prepaid, you load it with money and top it up when balance goes down. They are not like credit card where you run debts on. It is also ideal for those who have no bank account because this type of payment method is not linked to a bank account.
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KEYWORDS:
- money orders
- pay upfront
- pre-paid cards
The correct answer is <span>B. Secretary of State
The first in line is the Vice President, the second is </span><span>Speaker of the House of Representatives, the third is </span><span>President pro tempore of the US Senate, and the fourth is </span><span>Secretary of State. </span>
Answer:
correct option is D raise the fed funds rate by 0.5% if inflation rises 1% above its target of 2%
Explanation:
solution
Taylor Rule is invented in 1992 and it is interest rate forecasting model
As the product of John Taylor Rule is the 3 number
- interest rate
- inflation rate
- GDP rate
and Taylor rule is that when GDP is equal to potential GDP and inflation rate is at its target rate of 2%
and the federal funds target rate should be 4%
so we can say here correct option is D raise the fed funds rate by 0.5% if inflation rises 1% above its target of 2%
