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Which of the following are cxamples (is an example) of debit pull payment methods? 1. A homeowner writes a check to Spire to pay her

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Which of the following are cxamples (is an example) of debit pull payment methods? 1. A homeowner writes a check to Spire to pay her monthly gas bil. 2. An investor completes the purchase of an olfice bullding by sending a payment to the owner over Fedwire. 3. The federal government deposits coronavirus stimulus payments in people's bank accounts. 1 and 3 2 and 3 1 and 2 1 only Question 8 In the U.S. In the 1800 sand early 1900 s, non-par checking referred to the practice by banks in remote areas of A malor goal of the Federal Roserve in its early days was to the practice. thargine their customes a tee for tach check they wrote encourage ovine less than 100 cents on the dollar on checks presented by malk discourage tharsing their cintoemen a foe for each check ther wrote discourage gaying less than 100 cents an the dollar on cheds presented by mak entouraen In which of the following situations can the U.5. government earn seignionage from the creation of money? 1. The money consists of reserve accounts that are held by banks at the Federal Reserve and pay only a low rate of interest. 2. The money consists of coins whose metallic value equals their face value. 3. The money consists of dollar bills of various denominations issued by the Federal Reserve. 1and31and2.12aand3 2and3 Question 10 If Sue writes a check to Bob for mowing her lawn and they une the same bank, the payment will be settled by the Fedenal Roseme tredidine sue's bank account and debiting Bobis bank sccount the tank teblaing sues bank account and crediting Bobs bank accoumt the bank crediting Sve's bank account and debiting Bobv bank account the Federai Aeserye ciedith the banks reserve account In which of the following ways are Fedwire and CHIPS allke? 1. They are both wire transfer systems. 2. They are both operated by government agencies. 3. They are both credit push payment methods. 1.2 and 3 2 and 3 1 and 3 1 and 2 Question 12 In which of the following ways do Fedwire payments resemble ACH payments? 1. Both are electronic payment methods. 2. Both are always crodit push. 3. Both have low user fees. 1 and 2 1 and 3 2and3 1 only

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