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Discuss the meaning of bias-free language and identify four areas when bias generally occurs.Provide examples of biased and bias free language for each area.
Checkable Deposits
Bank account balances that can be withdrawn using checks, debit cards, or electronic transfers.
Government Securities
Financial instruments issued by a government to raise funds from the public. These can include bonds, treasury bills, and other debt instruments with a promise to pay specified sums at future dates.
Open Market Operations
Monetary policy actions where central banks buy or sell government securities in the open market to control the money supply and interest rates.
Money Supply
The overall pool of economic resources in terms of money available at a particular time in an economy, including coins, paper money, and deposits in savings and checking accounts.
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