Which of the Below Statements Is FALSE

question 35

Multiple Choice

Which of the below statements is FALSE?

• A) Before introduction of the negotiable CD, those with money to invest for, say, one month had no incentive to deposit it with a bank, for they would get a below-market rate unless they were prepared to tie up their capital for a much longer period of time.
• B) There are now two types of negotiable CDs. One type is the large-denomination CD, usually issued in denominations of $1 million or more.
• C) The largest group of CD investors is investment companies, and money market funds make up the bulk of them.
• D) CDs cannot be issued by domestic banks.

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Definitions:

Multicellular

Organisms composed of multiple cells that perform specialized functions, in contrast to single-celled organisms.

Eukaryotes

Organisms whose cells contain a nucleus surrounded by a membrane.

Nutrients

Compounds that offer essential nourishment needed for life growth and preservation.

Inclusive Taxon

A classification grouping that includes all the descendant species of a common ancestor.