Because passbook savings are ________ liquid for the depositor than checking accounts,they earn ________ interest rates.

Name: Because passbook savings are ________ liquid for the depositor than checking accounts,they earn ________ interest rates.
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Passbook savings accounts are less liquid as they have restrictions on the number of withdrawals, and hence banks offer higher interest rates on them. Checking accounts are more liquid as they have fewer restrictions and provide lower interest rates.

Because Passbook Savings Are ________ Liquid for the Depositor Than