Certificates of deposit differ from demand deposits in that they
A) do not pay interest.
B) have penalties for early withdrawal.
C) are sold only by S&Ls.
D) pay non-taxable interest.
Correct Answer:
Verified
Q45: When did Regulation Q finally disappear?
A)1934
B)1945
C)1986
D)2000
Q46: A credit crunch refers to a
A)sharp rise
Q47: In an overnight Eurodollar transaction
A)foreign governments borrow
Q48: The loss of business to the commercial
Q49: Which of the following is NOT true
Q51: During the 1980s banks lost loan business
Q52: Which sector of the economy was hurt
Q53: Large commercial banks responded to the Credit
Q54: In a repurchase agreement, a corporation
A)agrees to
Q55: Disintermediation refers to the
A)failure of financial intermediaries
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