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EAP-Economics and Personal Finance B
Cumulative Exam
Question 24
24
Quiz
Multiple Choice
Cumulative Exam
Question 24 of 50 • EAP-Economics and Personal Finance B
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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Cumulative Exam - Question 24 | EAP-Economics and Personal Finance B | Revolt