Which of the Following Statements Concerning Money Market Deposit Accounts

question 25

Multiple Choice

Which of the following statements concerning money market deposit accounts is NOT true?

• A)They were not subject to Regulation Q ceilings.
• B)They are not covered by federal deposit insurance.
• C)They are not subject to reserve requirements.
• D)They generally pay higher interest rates than other bank deposits available to small depositors.

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