It is called as regular checking
account. It is a checking account in which the monthly fee usually depends on
the number of transactions recorded and the maintained average balance. Checking
account is very liquid and can
be accessed using checks, automated teller machines and other methods
available.
Answer:
Critical thinking is the ability to think clearly and rationally about what to do or what to believe. It includes the ability to engage in reflective and independent thinking. Someone with critical thinking skills is able to do the following : understand the logical connections between ideas.
If people lost confidence in the government which would have the least value?
a) fiat money
b) representative money
c) commodity money
d) gold standard
Answer:
Fiat money
Explanation:
Fiat money is a type of money or currency that is used as money because it is issued and backed by the government but it does not have any intrinsic value.
It has no intrinsic value which means that it does not have any value of its own and it is maintained by the government. Therefore, If people lost confidence in the government the kind of money that would have the least value is fiat money
Answer:
b. Manufacturer or producer
Explanation:
A manufacturer is a person or a registered company that produces finished products from raw materials in an attempt to make a profit. The goods are subsequently distributed to wholesalers and retailers who then sell to customers. Retailers display products through physical stores or on 3rd party e-commerce platforms. In the manufacturing industry, products are manufactured on a large scale to meet the irresistible demand of consumers.
It is common practice to indicate the place of manufacture. This information is usually shown on the packaging material. Under normal circumstances, the manufacturer must meet a certain threshold and comply with established standards.
Mainly, manufacturers must meet the product certification requirements. This process involves performance tests and quality assurance tests of the goods that are produced. Certification bodies emphasize compliance with all applicable international standards. It is a strategy to improve consumer protection.
