The Demand for Money Was High in the Year 2015

question 72

True/False

The demand for money was high in the year 2015 when the interest rate on savings deposits and time deposits was close to zero.

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Definitions:

Consumer Financial Protection Bureau

A regulatory agency charged with overseeing financial products and services offered to consumers.

Full Warranty

A guarantee without limitations covering a product's repair or replacement.

Consumer Product

A consumer product is a good or service that is intended for use by end consumers for personal, family, or household purposes.

Manufacturer

A person or company that makes goods for sale, especially in large quantities and as a commercial operation.