Demand deposits are
A) deposits held by individuals at one of the twelve Federal Reserve District Banks.
B) interest-earning savings deposits held by individuals at a banking institution.
C) deposits of commercial banks at one of the twelve Federal Reserve District Banks.
D) deposits of individuals that can either be withdrawn or made payable on demand to a third party by a check.
Correct Answer:
Verified
Q33: The main purpose of the Fed is
Q34: Economists who stress the store of value
Q35: A bank finds itself short of required
Q36: Open-market purchases by the Fed make the
Q37: Which of the following compose the M2
Q39: Which of the following items are counted
Q40: The federal funds rate is the interest
Q41: Which of the following is responsible for
Q42: The term "open market operations" refers to
Q43: Open market operations is the
A) tool most
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents