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Author Question: Since 1982, banks and thrift institutions have offered a type of savings account that yields a ... (Read 104 times)

cdr_15

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on: Jun 30, 2018
Since 1982, banks and thrift institutions have offered a type of savings account that yields a market rate of interest with a minimum balance and a limit on transactions. These accounts, which have no minimum maturity, are known as
 
  A) money market mutual funds. B) repurchase agreements.
  C) certificates of deposit. D) mutual funds.

Question 2

When real Gross Domestic Product (GDP) falls, which of the following will automatically occur?
 
  A) an increase in income tax revenues
  B) a decrease in all tax rates
  C) a decrease in unemployment compensation expenditures
  D) a decrease in income tax revenues


princessflame2016

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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