The main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.
<h3>How does cash eliminates
overspending?</h3>
While doing a physical transaction, there will not be a situation of overspending because the person can not purchase more than the cash value he/she has on him/her.
Hence, the main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.
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<em>brainly.com/question/24179665</em>
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Well the economy is basically what our money runs on. Why things are a certain price and things like that. That effects us as citizens Bc here maybe a gallon of milk is 3 dollars but maybe the same gallon of milk is less money in another country. The economy effects me Bc helps determine how much money I make and how much to spend on certain items.
Answer:
The M1 definition of money includes item(s) :
3. Currency (coins and paper money) in circulation
6. Checkable deposits
Explanation:
According to Fred, M1 comprises:
(1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of other depository corporations;
(2) traveler's checks of nonbank issuers;
(3) demand deposits at commercial banks (excluding those amounts held by other depository corporations, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and
(4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) accounts at depository institutions, credit union share draft accounts, and demand deposits at thrift institutions. \
Seasonally adjusted M1 is constructed by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately.
Answer:
False
Explanation:
Soft money is a donation not directly given to a candidate but to a party to be used in National Committees, but not in a federal campaigners.
It is not so regulated as the Hard Money.
Since the Supreme Court has allowed this in 2014 after being banned by legislation in 2002 (<em>Bipartisan Campaign Reform Act</em>) it is not illegal. But it has some rules.