Which of the Following Liabilities Have a High Degree of Withdrawal

question 12

Multiple Choice

Which of the following liabilities have a high degree of withdrawal risk?

• A)Passbook savings.
• B)NOW Accounts.
• C)Demand deposits.
• D)Time deposits.
• E)Wholesale CDs.

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Definitions:

Antebellum Period

A term referring to the pre-Civil War era in the United States, characterized by economic growth in the South based on slavery and agricultural exports.

Skilled Trades

Occupations that require specific training, often both hands-on and in theory, such as electricians, plumbers, and carpenters.

Free Blacks

African Americans who were not enslaved, living primarily in the North and parts of the South before the Civil War.

Era

A period marked by distinctive character, events, or circumstances.