Unit Test — Unit test Answers

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Which is the most liquid form of money?

cash and currency in circulation

investment accounts

savings accounts

demand accounts

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How do bank loans help the nation’s economy?

They ensure consumer spending and confidence.

They ensure the success of new businesses.

They allow businesses to expand and improve.

They allow consumers to quickly pay off debts.

Which statement best describes the main cause of the 2008 housing market crash in the United States?

Many people could not buy new homes during a weak economy.

Many homes could not sell because housing prices rose too fast.

Many homes could not sell because banks charged high interest.

Many people could not make home payments during a weak economy.

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