Smart cards replace the typical magnetic strip on a credit or debit card with a microprocessor.
Smart cards are an EFT tool combining all of a persons information for approval of use of the card without signing for each purchase. This type of card has a chip to stick into the machine instead of using the strip to slide and then sign for the purchase.
Answer:
d. the wealth effect of an aggregate price level change
Explanation:
The aggregate demand curve is negatively sloped due to <u>the wealth effect of an aggregate price level change</u>. The reason is that rise in the aggregate price decreases the purchasing power of the individual and thus, decreases in aggregate demand increases the purchasing power of the individual.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
I’m pretty sure it’s d sorry if it’s wrong!
Answer:
<u>Transaction - processing systems</u>
<u>Explanation:</u>
For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.
For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.