Multiple Choice
Which of the following statements is FALSE?
A) Checkable deposits are usually the lowest cost source of bank funds.
B) Checkable deposits are the primary source of bank funds.
C) Checkable deposits are payable on demand.
D) Checkable deposits include NOW accounts.
Correct Answer:

Verified
Correct Answer:
Verified
Q74: Property promised to the lender as compensation
Q75: Because of an expected rise in interest
Q76: If,after a deposit outflow,a bank needs an
Q77: Bank _ is/are listed on the liability
Q78: With a 10% reserve requirement ratio,a $100
Q80: Based on the Net Interest Margin the
Q81: Measuring the sensitivity of bank profits to
Q82: Banks that suffered significant losses in the
Q83: Secondary reserves include<br>A)deposits at Federal Reserve Banks.<br>B)deposits
Q84: Bank capital has both benefits and costs