Money market deposit accounts offer which of the following?
A) limited check-writing privileges
B) higher interest than other checkable deposits
C) Both of the above are correct.
D) None of the above is correct.
Correct Answer:
Verified
Q36: Which depository institution is considered a thrift?
A)S&Ls
B)savings
Q37: Which FIs are not considered depository institutions?
A)commercial
Q38: Why are deposit-type FIs important in the
Q39: A bank's success depends in particular upon
A)its
Q40: What is the major difference between a
Q42: The largest source of funds for commercial
Q43: A bank's liquidity needs can best be
Q44: For what reason do banks hold reserves?
A)to
Q45: The capital base is the value of
Q46: Savings and loan associations were originally known
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