Answers MO-Economics Globalization — Cumulative examQuestion 24

24

QuizMultiple Choice

Globalization — Cumulative exam

Question 24 • MO-Economics

A certificate of deposit pays a higher interest rate than a savings account because the money is

Answer

A

guaranteed by the government.

B

kept by banks for a longer time period.

C

loaned to banks by consumers.

D

immediately available to consumers.

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