A NOW account is a type of savings account rather than a type of checking account.
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Q9: The purchase of financial claims is a
Q10: Spending by federal, state and local governments
Q11: One of the most important contributions of
Q12: Credit represents a loan of funds in
Q13: Interest payments on debt are a tax-deductible
Q15: Commercial banks and retail stores, but not
Q16: The financial markets offer businesses, consumers and
Q17: The term "liquidity" refers to the ability
Q18: Money is the only perfectly liquid asset
Q19: The financial asset which generally earns the
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