Question

an advantage of using a check rather than cash to make a purchase is that checks are
a) safer because only you can use your checks.
b) light and can be carried easily.
c) widely accepted by merchants.
d) easy to count.
question 16 (5 points)
listen
generally speaking, the means of production in a market economy are
a) owned by individuals.
b) owned by government.
c) not needed.

Explanation:

• For the first question:
• Checks are safer than cash because if a check is lost or stolen, it can be cancelled, and only the intended recipient (with proper identification and authorization) can use it (unlike cash which can be used by anyone who has it). Cash is also light and can be carried easily, but that's not an advantage over checks as checks are also light. Checks are not as widely accepted as cash in all places (though they are accepted in many). And counting checks (which are usually one per transaction amount) isn't really an "advantage" compared to cash which can be counted in denominations.
• For the second question:
• In a market economy, the means of production (such as factories, land used for business, machinery etc.) are primarily owned by individuals or private entities. In a command economy, the government owns the means of production. And means of production are definitely needed in any economy to produce goods and services.

Answer:

• First question: A. safer because only you can use your checks.
• Second question: A. owned by individuals.