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Which is of the following is true about the productivity growth in industrialized countries?
Corporate Bonds
Corporate bonds are debt securities issued by corporations to finance their operations, expansion, and other projects, offering interest payments to holders.
Traveler's Checks
Preprinted, fixed-amount checks designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid for that privilege.
Saving Deposits
Accounts held at financial institutions that pay interest but typically have restrictions on withdrawals.
M1
A category of the money supply that includes all physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.
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