Negotiable Order of Withdrawal (NOW) Accounts Require Consumers to Keep

question 55

Multiple Choice

Negotiable Order Of Withdrawal (NOW) accounts require consumers to keep a minimum balance in the account. This balance represents the ________ cost of those funds; in that, they cannot be used elsewhere.

• A) optional
• B) opportunity
• C) liquidity
• D) extraneous
• E) None of the above.

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Definitions:

Reinforcement

In behavioral psychology, a process by which a stimulus increases the probability of a response through its presentation (positive reinforcement) or removal (negative reinforcement).

Prelinguistic Vocalization

Early sounds made by infants before they acquire language, including cooing and babbling, important for speech development.

Brain Structures

The various parts of the brain, each responsible for different functions, including thought, emotion, sensation, and movement.

Language Development

The process by which children learn to communicate through spoken words, gestures, or written symbols, typically progressing from babbling to forming sentences.