Examlex
Which of the following is an example of an inappropriate, and potentially illegal, interview question?
Velocity of Money
The rate at which money is exchanged from one transaction to another, and how much a unit of currency is used in a given period.
ATM Machines
Automated Teller Machines where individuals can perform financial transactions, such as cash withdrawals, deposits, and fund transfers, without the need for direct interaction with bank staff.
Credit Cards
Financial instruments that allow users to borrow funds up to a pre-set limit for purchases or cash advances, with the expectation of paying back the borrowed amount over time.
M1
A category of the money supply that includes all physical money like coins and currency, as well as demand deposits and other liquid assets that can quickly be converted to cash.
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