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- A hallmark of habits is that they often persist when rewards for their outcomes are lessened or removed. This is known as:
Minimum Balance
The smallest amount that must be maintained in a bank account to avoid penalties, such as service charges.
Check-Cashing Services
Financial services where checks can be cashed for a fee without needing a bank account.
American Bankers Association
A trade association representing the United States banking industry, aimed at fostering a safe and competitive banking system.
Transactions Demand
Transactions demand refers to the amount of money that people hold for the purpose of making everyday purchases and transactions.
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