Which of the Following Statements About Checking Deposits Is True

question 126

Multiple Choice

Which of the following statements about checking deposits is true?

• A)It is a liability for both households and banks.
• B)It is an asset for both households and banks.
• C)It is an asset for households but a liability for a bank.
• D)It is a liability for households but an asset for a bank.

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Definitions:

Discriminatory

Behaviors, practices, or policies that unjustly distinguish or segregate individuals based on certain characteristics.

Subtle Discrimination

Discriminatory practices that are not overt or obvious, often embedded within social norms or institutional policies.

Early Retirement Packages

Financial incentives offered by employers to encourage employees to retire before the traditional retirement age.

Prejudice

Preconceived opinions or judgments about individuals or groups based on stereotypes rather than facts.