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Test Your Interest Rate Knowledge

  1. Who is the chairman of the Federal Reserve?
    a. Bill Clinton
    b. Madeleine Albright
    c. Alan Greenspan
    d. Mike Nesmith

  2. The Federal Reserve fights off inflation by:
    a. Raising interest rates
    b. Lowering interest rates
    c. Asking consumers to spend less
    d. Adding more national holidays

  3. "GDP" stands for:
    a. Goods domestically produced
    b. Gross domestic product
    c. General debt price
    d. Government defense profits

(Answers: c, a, b)

 Types of Accounts

 ATM & Debit Cards

 

 Deciphering Your Bank Statement

 

 How Banks Work

 

 Interest Rates

 

 

 

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