Answers Contemporary American Democracy B Q2 - CMSD IU1 Cumulative Exam — Cumulative examQuestion 31

31

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Cumulative Exam — Cumulative exam

Question 31 • Contemporary American Democracy B Q2 - CMSD IU1

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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