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How Do Demand Deposits Differ from Other Checkable Deposits

Question 53

Multiple Choice

How do demand deposits differ from other checkable deposits?


A) Demand deposits are not as liquid as other checkable deposits.
B) Demand deposits earn a higher interest rate than other checkable deposits.
C) Demand deposits are non-interest-earning checking deposits while other checkable deposits earn interest..
D) There is no difference between demand deposits and other checkable deposits.

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