Transaction deposits
A) are deposits in a thrift institution or a commercial bank on which a check may be written.
B) are only deposits that you can check on through the Internet.
C) include savings accounts.
D) are accounts that pay interest to the depositor.
A
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Which of the following is an example of the snob effect?
A) The fewer consumers that buy the operating system, the fewer the applications that will be available. B) The more people that buy a luxury watch, the less value consumers put on the watch. C) The fewer ATMs available in the city, the fewer consumers want to join the network. D) None of the above.
If a currency increases in value in response to market forces, this process is known as
a. reflation. b. revaluation. c. appreciation. d. value-added.