Low interest rates that have persisted since the financial crisis of 2008-2009 have been beneficial to:
A) students.
B) retirees.
C) big banks.
D) savers.
E) share investors.
Correct Answer:
Verified
Q3: Low interest rates create economic distortions, especially
Q4: Extremely low interest rates favor investors and
Q7: Compound interest means that a savings account
Q9: Debit cards are a form of electronic
Q9: Nondepository institutions are referred to as banks.
Q10: The minimum amount that you must keep
Q11: Negotiable order of withdrawal (NOW) accounts manage
Q13: Cash is the only kind of liquid
Q14: One can hold a credit card issued
Q19: Cash management helps in personal financial planning.
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