Multiple Choice
Many banks offer accounts featuring "Automatic Transfer from Savings" allowing customers to overdraw checking accounts and the bank will transfer enough funds to cover the check automatically.Most likely, what is the effect of this feature on velocity?
A) It will decrease.
B) It will increase.
C) It will remain constant.
D) Velocity is unrelated to saving accounts.
Correct Answer:
Verified
Correct Answer:
Verified
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