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Which of the following was a consequence of the spoils, or patronage, system?
Insurance Companies
Businesses that provide coverage, in the form of compensation resulting from loss, damages, injury, treatment, or hardship in exchange for premium payments.
Money Market Security
Short-term financial instruments, typically debt-based, that are highly liquid and considered to have low risk.
U.S. Treasury Bill
A short-term government security issued by the United States Department of the Treasury with maturity periods typically less than one year.
Certificate of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by banks.
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