Statement I: The dividing line between small denomination CDs and large denomination CDs is $10,000.
Statement II: Our money supply grows from 4 to 6 percent two out of three years.

Question

Quizplus · Accepted Answer

The dividing line between small and large denomination CDs is typically $100,000, not $10,000, making Statement I false. Statement II's claim about money supply growth lacks specific, universally applicable accuracy, as money supply growth rates can vary widely depending on economic conditions and central bank policies, making it too general to be considered true without specific context.

Statement I: the Dividing Line Between Small Denomination CDs and Large