21) Matt lives in an apartment in New York. Every month, he must pay rent and utilities to 21) stay in his apartment. This is an example of a(n) action. A) investing B) essential C) financing D) operating E) entertainment 22) Miranda runs a small backyard horse boarding stable. When her truck broke down and 22) needed to be replaced, she went to the bank to take out a home equity loan, which allowed her to borrow money against the appraised value of her home. Which type of bank would Miranda most likely go to for this type of loan? A) an independent savings bank B) a credit union C) a mutual savings bank D) a savings and loan association E) a commercial bank 23) If consumers do not pay off their entire credit card balance, they 23) A) have to pay interest on the total paid and unpaid amount B) will get a rebate from the card issuer. C) will receive interest on the paid amount. D) have their purchased goods repossessed by the creditors. E) have to pay interest on the unpaid amount. 24) U.S. money includes subtle colors in addition to the traditional green, as well as 24) enhanced security features, such as a watermark, security thread, and color-shifting ink. Which of the following characteristics of money is being protected by these measures? A) stability B) difficulty to counterfeit C) divisibility D) acceptability E) portability 25) Which of the following is true regarding savings accounts? 25) A) They do not have limits on the number of withdrawals per period. B) They are generally used as a medium of exchange. C) Their funds can be moved to a checking account or turned into cash. D) Their funds can be withdrawn without advance notice. E) They are usually used for transactions