If liquid funds are not available, an unexpected need, such as a job loss or injury may force you to

A) cash in a longer-term investment.
B) borrow money fast.
C) take on unexpected debt repayments.
D) all of the above.


Answer: D

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a. True b. False Indicate whether the statement is true or false

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The theory of bureaucratic behavior when applied to the Fed helps to explain why the Fed

A) resists so vigorously congressional attempts to limit the central bank's autonomy. B) is secretive about the conduct of future monetary policy. C) sought less control over banks in the 1980s. D) all of the above. E) only A and B of the above.

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Indicate whether the statement is true or false

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