Demand deposits are so termed because ________.
A) depositors can demand any rate of interest on such deposits
B) most consumers want to open such accounts as they are greatly in demand
C) depositors can withdraw money from such deposits at any point of time
D) there are no limitations on the amount of money that can be deposited into such accounts
Correct Answer:
Verified
Q111: Suppose Bank A holds $50,000 in deposits
Q112: The claims that economic agents have against
Q113: The statement of the assets and liabilities
Q114: Cash equivalents are _.
A) a part of
Q115: In the United States,bank reserves include _.
A)
Q117: The following table lists some economic agents
Q118: Institutions that channel funds from suppliers of
Q119: The value of the real estate that
Q120: Investment pools gathered from a small number
Q121: List the various categories into which a
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