Understanding Business 10th Edition by William Nickels,James McHugh,Susan McHugh

Exercise 8

One role of the Federal Reserve is to help process your checks. In small groups discuss when and where you use checks, credit cards, debit cards, and cash. Do you often write checks for small amounts Would you stop if you calculated how much it costs to process such checks Have you switched to debit cards as a result Discuss your findings with the class.