A Certificate of Deposit Represents

question 21

Multiple Choice

A certificate of deposit represents:

• A) a promissory note of payment by a bank borrowing reserves from another bank.
• B) a deposit in a savings account in a bank.
• C) a promissory note of payment by the issuing institution to the investor.
• D) a time deposit of a state government with the federal government.
• E) a time deposit at a bank or other financial intermediary.

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Definitions:

Multicellular Parasites

Multicellular parasites are organisms made up of many cells that live at the expense of a host organism, causing harm or disease.

Granules

Small particles or grains, often referring to structures within cells that store specific substances.

Cascading Reactions

A series of sequential chemical or biochemical reactions where the product of one reaction becomes the reactant of the next, often leading to complex outcomes.

Positive Feedback

A process in which the end products of an action cause more of that action to occur in a feedback loop.