Why do people keep currency in their pockets when bank deposits pay interest?
A. Because banks might steal your money.
B. Because currency is more liquid.
C. Because bank deposits lose value due to inflation.
D. Because bank deposits lose value due to changes in interest rates.
Answer:B
Why do people keep currency in their pockets when bank deposits pay interest?
A. Because banks might steal your money. B. Because currency is more liquid. C. Because bank deposits lose value due to inflation. D. Because bank deposits lose value due to changes in interest rates.