The Existence of Secondary Markets Means Certificates of Deposit Are

question 43

Multiple Choice

The existence of secondary markets means Certificates of deposit are ___________to the holder and___________to the issuer.

• A) liquid; liquid
• B) illiquid; illiquid
• C) illiquid; liquid
• D) liquid; illiquid

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Definitions:

Neritic Province

Ocean water that extends from the shoreline to where the bottom reaches a depth of 200 m. Compare with oceanic province.

Euphotic Zone

The upper reaches of the ocean, in which enough light penetrates to support photosynthesis.

Freshwater Wetland

A land area saturated with water, either permanently or seasonally, where oxygen-free processes prevail, primarily composed of freshwater marshes, swamps, bogs, and fens.

Estuary

A coastal area where freshwater from rivers and streams meets and mixes with saltwater from the ocean.