________ Were Once the Most Common Type of Nontransaction Deposit

question 86

Multiple Choice

________ were once the most common type of nontransaction deposit.

• A) Checking accounts
• B) Time deposits
• C) Savings accounts
• D) none of the above

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Definitions:

Oligopoly

A market structure dominated by a small number of large firms, offering similar or identical products, with significant barriers to entry for new competitors.

Internet Of Things

A network of physical objects embedded with sensors, software, or other technologies to connect and exchange data with other devices and systems over the internet.

Connectivity-Enabled Electronics

Electronic devices that are capable of connecting to the internet or other devices, enabling data exchange and remote control.

Technological Breakthroughs

Significant advancements or innovations in technology that can lead to new products or more efficient processes.