Which of the Following Is a Way to Reduce ATM

question 66

Multiple Choice

Which of the following is a way to reduce ATM surcharges?

• A)withdraw larger amounts rather than making multiple smaller withdrawals
• B)withdraw the minimum amount each time you withdraw
• C)withdraw from ATMs based on their proximity to your home or place of business regardless of which bank services the ATM
• D)withdraw from ATMs that can be used by customers from many different banks
• E)make a separate withdrawal for each purchase to maintain a record of your spending

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Definitions:

Great Recession

A significant global economic downturn that occurred from late 2007 through to 2009, marked by severe declines in economic activity worldwide.

Financial Crisis

A broad term for a situation in which financial assets suddenly lose a large part of their nominal value, leading to market disruptions and potentially an economic downturn.

Budget Deficit

The financial situation in which a government's expenditures exceed its revenues within a given fiscal year, leading to borrowing or debt accumulation.

Gross National Debt

The total amount of money that a country's government has borrowed, including both the internal and external debt.