Demand deposits pay interest, typically below market interest rates; do not have a specific maturity; and, usually can be withdrawn upon demand.
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Q29: Although S&Ls had a comparative disadvantage in
Q30: Since 1970, the shares of all federally
Q31: A depository institution can accommodate withdrawal and
Q32: After 1981, the bulk of the liabilities
Q33: Selling securities that it owns, requires that
Q35: Credit union assets consist of _.
A) small
Q36: Savings deposits (checking accounts) pay no interest
Q37: The principal source of funds for savings
Q38: Besides facing credit risk and interest rate
Q39: To increase the ability of S&Ls to
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