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Author Question: Which of the following would be considered a transaction deposit? A) passbook savings account B) ... (Read 64 times)

jjjetplane

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on: Jun 30, 2018
Which of the following would be considered a transaction deposit?
 
  A) passbook savings account B) checking account
  C) 401(k) retirement account D) credit card account

Question 2

Which of the following is likely to happen due to a contractionary monetary policy?
 
  A) An increase in the inflation rate B) An increase in labor supply
  C) An increase in the federal funds rate D) An increase in labor demand


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komodo7

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

B

Answer to Question 2

C


jjjetplane

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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