Other Checkable Deposits (OCDs)

question 84

Multiple Choice

Other checkable deposits (OCDs)

• A) are accounts at financial institutions that pay interest and give the depositor check-writing privileges.
• B) do not include credit union share draft accounts.
• C) refer to demand deposits at mutual savings banks only.
• D) are not included in the M1 money supply.
• E) refer to savings deposits that earn interest at savings and loan associations.

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