|
What’s the best strategy for avoiding ATM fees? |
Only use ATMs in your bank’s network |
|
Which type of account will typically have the highest interest rate? |
… |
|
Which of the following is NOT a core component of the Federal Reserve Bank? |
. Department of the Treasury |
|
What part of a check is the LEAST important? |
… |
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Which type of account is typically the MOST liquid? |
… |
|
With a traditional savings account, you could be charged a fee if: |
You withdraw money too often |
|
Which of the following is a primary responsibility of the Federal Reserve Bank? |
… |
|
Which of the following is a unique feature of credit unions? |
… |
|
The best way to ensure the accuracy and safety of your accounts is to: |
Monitor your online accounts regularly |
|
Which type of financial institution typically has membership requirements? |
… |
|
Which of the following is not a type of bank? |
payday lender |
|
Which of the following fees would likely be the highest? |
overdraft fee |
|
What’s the purpose of balancing or monitoring your checking account? |
To help you calculate how much money you have in your account |
|
Which type of account typically has low liquidity? |
… |
|
Which of the following represent typical account fees? |
ATM fee |
|
The three parts of the Federal Reserve System are the Reserve Banks, the Federal Open Market Committee (FOMC), and the: |
board of governors |
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The numbers on the bottom of a typical check represent all of the following EXCEPT? |
social security number |
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Which of the following is NOT one of the responsibilities of the Federal Reserve? |
… |
|
Savings accounts usually offer _________ interest rates than checking accounts. It is _________ to access your money in a savings account than in a checking account. |
… |
|
How often should you typically monitor your checking account? |
monthly |
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