Many Economists Believe That the Difference Between Savings Accounts and Checking

question 98

True/False

Many economists believe that the difference between savings accounts and checking accounts is disappearing.

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Definitions:

Promises

Commitments or assurances given by a person or organization to do something or to behave in a certain way.

Corporate Social Responsibility

The practice of companies taking responsibility for the impact of their activities on customers, employees, communities, and the environment, often going beyond legal requirements.

Governmental Oversight

The monitoring, regulation, and examination of actions, decisions, or policies of government agencies or officials by higher authorities or bodies.

Moral Lapses

Instances where individuals fail to act in accordance with their ethical principles or societal norms.