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An important characteristic of the modern payments system has been the rapidly increasing use of:_______. A) checks and decreasing use of currency. B) electronic fund transfers. C) commodity monies. D)
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An important characteristic of the modern payments system has been the rapidly increasing use of:_______.

A) checks and decreasing use of currency.
B) electronic fund transfers.
C) commodity monies.
D) fiat money.

User Xebeche
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1 Answer

18 votes
18 votes

An important characteristic of the modern payments system has been the rapidly increasing use of electronic fund transfers

Choose: B) electronic fund transfers.

User Curtis Allen
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