Because ________ are less liquid for the depositor than ________,they earn higher interest rates.
A) money market deposit accounts; time deposits
B) checkable deposits; passbook savings
C) passbook savings; checkable deposits
D) passbook savings; time deposits
Correct Answer:
Verified
Q11: Large-denomination CDs are _,so that like a
Q11: Which of the following statements is false?
A)
Q12: Because checking accounts are _ liquid for
Q12: Bank capital is equal to _ minus
Q13: Which of the following are transaction deposits?
A)
Q18: Which of the following statements is false?
A)
Q19: Banks acquire the funds that they use
Q20: Bank loans from the Federal Reserve are
Q20: Which of the following are reported as
Q32: Secondary reserves are so called because
A)they can
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