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    Exam 15: Banking Regulation: Crisis and Response
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    Certificates of Deposit Differ from Demand Deposits in That They
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Certificates of Deposit Differ from Demand Deposits in That They

Question 67

Question 67

Multiple Choice

Certificates of deposit differ from demand deposits in that they


A) do not pay interest.
B) have penalties for early withdrawal.
C) are sold only by S&Ls.
D) pay non-taxable interest.

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