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  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 10: Money, the Federal Reserve, and the Interest Rate
  5. Question
    The Higher the Interest Rate, the More Costly It Is
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The Higher the Interest Rate, the More Costly It Is

Question 356

Question 356

True/False

The higher the interest rate, the more costly it is to keep money in your non-interest-bearing checking account.

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