In the 1970s,U

question 76

Multiple Choice

In the 1970s,U.S.consumers transferred their deposits from accounts in banks and thrifts to money market mutual funds because money market mutual funds:

• A)were more liquid.
• B)were less risky.
• C)paid higher interest rates.
• D)were guaranteed for a larger amount.
• E)were more liquid and paid higher interest rates.

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Definitions:

Picture Frame Store

A retail outlet specializing in selling frames for artwork, photographs, and other decorative items to be displayed.

Washburn Guitars

A renowned manufacturer known for producing high-quality guitars and string instruments, with a history dating back to the 19th century.

Mass-produced Instruments

Musical or scientific instruments manufactured in large quantities using standardized production processes.

Market Segments

Specific groups within a market, distinguished by their unique needs, preferences, or demographic profiles, which businesses target with tailored products or services.