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Every year a household allows its bank account to become overdrawn for 3 months to...

Every year a household allows its bank account to become overdrawn for 3 months to pay for its annual holiday. Which one of the following statements correctly describes this?

A.

A short term lack of synchronization between payments and receipts

B.

Long term borrowing

C.

Medium term borrowing

D.

Maturity transformation

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