How Do Demand Deposits Differ from Other Checkable Deposits

question 12

Multiple Choice

How do demand deposits differ from other checkable deposits?

• A)Demand deposits are not as liquid as other checkable deposits.
• B)Demand deposits earn a higher interest rate than other checkable deposits.
• C)Demand deposits are non-interest-earning checking deposits while other checkable deposits earn interest..
• D)There is no difference between demand deposits and other checkable deposits.

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