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Which of the following is TRUE of time deposits?

AllenZ

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6 years ago

Which of the following is TRUE of time deposits?

Which of the following is TRUE of time deposits?
A) They are bank funds that cannot be withdrawn without notice.
B) They are no different than commercial money.
C) They can only be held in federal banks.
D) They are limited to $100,000 per depositor per bank.
E) They are only included in M1's definition of the money supply.

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eyemak83

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Thanks for your help!!

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