In recent years the interest paid on checkable and nontransaction deposits has accounted for around ________ of total bank operating expenses,while the costs involved in servicing accounts have been approximately ________ of operating expenses.
A) 45 percent;55 percent
B) 55 percent;4 percent
C) 25 percent;50 percent
D) 50 percent;30 percent
Correct Answer:
Verified
Q5: Because _ are less liquid for the
Q6: Because _ are less liquid for the
Q7: Which of the following statements are TRUE?
A)Checkable
Q9: Which of the following are transaction deposits?
A)savings
Q11: Large-denomination CDs are _,so that like a
Q13: Which of the following statements is FALSE?
A)Checkable
Q19: Banks acquire the funds that they use
Q23: In general,banks make profits by selling _
Q24: Secondary reserves include
A)deposits at Federal Reserve Banks.
B)deposits
Q27: Through correspondent banking,large banks provide services to
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