Sweep Accounts

question 3

Multiple Choice

Sweep accounts

• A)have made reserve requirements nonbinding for many banks.
• B)sweep funds out of deposit accounts into long-term securities.
• C)enable banks to avoid paying interest to corporate customers.
• D)reduce banks' assets.

---

Definitions:

Adolescents

Describes the stage of human development that occurs between childhood and adulthood, typically between ages 13 and 19.

Lose Their Parents

The experience of a child or individual becoming an orphan or losing their maternal or paternal figure.

Care

The provision of what is necessary for the health, welfare, maintenance, and protection of someone or something.

Bereaved Children

Children who have experienced the death of a parent, sibling, or close family member, leading to psychological effects.