Examlex

Solved

A Sweep Account Is a Strategy That Dis Offer Customers

question 18

True/False

A sweep account is a strategy that Dis offer customers where a high reserve ratio demand deposits are automatically transferred out of customer's accounts on Friday into higher-interest-bearing savings accounts.


Definitions:

Rhythm Method

A form of natural family planning based on tracking the menstrual cycle to estimate fertile and infertile periods.

Menstrual Cycle

The regular, natural change that occurs in the female reproductive system that makes pregnancy possible, typically lasting about 28 days.

Ovulation

The phase in the menstrual cycle when an ovary releases an egg, marking the time when a woman is most fertile.

Cervical Cap

A silicon, cup-shaped device that is inserted into the vagina to prevent pregnancy.

Related Questions