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kolitchko kolitchko
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5 years ago
The very low interest rates following the financial crisis of 2007-2009 resulted in
A) many people moving their funds from CDs and money market accounts to checking accounts in order to have more liquidity without sacrificing much interest.
B) funds being transferred from checking accounts to time deposits.
C) further declines in checking accounts that began in the early 1970s.
D) people switching their funds from checking deposits to CDs in the pursuit of higher interest rates.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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5 years ago
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kolitchko Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Helped a lot
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2 hours ago
Just got PERFECT on my quiz
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