NCDs Are Short-Term, Fixed-Term Deposits and Are Known as Wholesale

question 58

True/False

NCDs are short-term, fixed-term deposits and are known as wholesale CDs, which have a face value of below $100 000.

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Definitions:

Racial Categories

Racial categories are classifications of humans into groups based on physical traits, ancestry, genetics, or social relations.

Prejudgment

The formation of an opinion or conclusion about something or someone before having adequate knowledge or experience.

Misjudgment

An incorrect or unfair assessment or opinion.

Assimilation Theory

Process by which a minority becomes socially, economically, and culturally absorbed within the dominant society.