Demand deposits are checking accounts that pay no interest.
Correct Answer:
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Q18: Bank capital equals assets minus liabilities.
Q19: To a bank,checkable deposits are classified as
Q20: A financial system is a means of
Q21: If a person uses money to buy
Q22: Money evolved out of the self-interested actions
Q24: Which of the following is a correct
Q25: In which situation are transaction costs most
Q26: Barter is
A) the exchange of money for
Q27: Which of the following illustrates a barter
Q28: The balance in a banking customer's checkable
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