Demand Deposits Are Savings That Are Expected to Remain on Deposit

question 29

True/False

Demand deposits are savings that are expected to remain on deposit in a financial institution for an extended period.

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Definitions:

Standard Deviation

A statistical measurement that represents the dispersion or variability of a set of data points or values from the mean.

Mean

A measure of central tendency in statistics, calculated by dividing the sum of all values in a set by the number of values.

Risk-Free Asset

An investment that is expected to return its original investment value without any loss, typically with low returns.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of numeric values.