When you use a credit card at a store, the store is generally charged a fee ranging from 1.5% to 5%. What is this fee called?
A) Merchant discount fee
B) Merchant back-end charge
C) Merchant rate
D) Discount rate
Answer: A
Business
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A. Scrutinize balance sheets B. Develop new line of products C. Provide employee coaching D. Avoid litigation and lawsuits
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Given the efficiency of our financial markets:
A) there is no justification for fundamental analysts. B) all investors should index their portfolio. C) there is no justification for technical analysts. D) both technical and fundamental analysts serve a useful function.
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