Which Two of the Following Properties Best Describe the Savings

question 24

Multiple Choice

Which two of the following properties best describe the savings characteristics of primary investors (households) ?

• A) Low liquidity.
• B) Small amounts.
• C) Low risk.
• D) High search costs.

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Definitions:

Accepted Draft

An agreement or negotiable instrument that has been formally acknowledged by the addressee, promising to pay the specified amount by a certain date.

Obligated

Being legally or morally required to do something based on laws, regulations, agreements, or ethical principles.

Alteration Defense

A legal argument used when a document has been changed or modified, affecting the obligations or rights under that document.

Presentment

The formal presentation of a document such as a check or bill of exchange for payment or acceptance.