Which of the following statements is not true?
A) The largest source of funds for banks to lend comes from the owner's capital.
B) Transaction deposits make up less than 10 percent of banks sources of funds.
C) The largest sources of funds for banks are non-transactions accounts.
D) Borrowing is a larger source of funds for banks than transaction deposits.
Correct Answer:
Verified
Q26: Capital is the cushion banks have against:
A)
Q27: The primary difference in certificates of deposit
Q28: Loans made in the federal funds market:
A)
Q29: Savings and loan institutions:
A) are owned by
Q30: A non-transaction deposit would include each of
Q32: Money center banks differ from community banks
Q33: Which of the following statements regarding checkable
Q34: Of the roughly 6,200 banks in the
Q35: Which of the following is not a
Q36: Checkable deposits have decreased since the 1970's
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