Which of the Following Is True of Other Checkable Deposits

question 81

Multiple Choice

Which of the following is true of other checkable deposits?

• A)These are checking account deposits at commercial banks and do not pay any interest.
• B)They are accounts at financial institutions that pay interest and give the depositor check-writing privileges.
• C)They comprise solely of demand deposits at mutual savings banks.
• D)They are not included in the M1 money supply.
• E)They are savings deposits that earn interest at savings and loan associations.

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