Which of the Following Statements Is True

question 6

Multiple Choice

Which of the following statements is true?

• A)The liquidity required of an FI to enable it to meet the demand for liquidity that fluctuates with seasonal factors is referred to as the Christmas effect.
• B)The liquidity required of an FI to enable it to meet the demand for liquidity that fluctuates with seasonal factors is called seasonal liquidity.
• C)The liquidity required of an FI to enable it to meet the demand for liquidity that fluctuates with seasonal factors is referred to as the January effect.
• D)The liquidity required of an FI to enable it to meet the demand for liquidity that fluctuates with seasonal factors is called the four seasons liquidity gap.

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Definitions:

Province

An administrative division within a country, often having its own local government.

Constitution Amendment

A modification or change to a constitution, which is the foundational legal document of a country governing its laws and principles.

Ownership of Property

The legal right to possess, use, and dispose of assets or properties.

Federal Parliament

A national legislative body that has the power to enact laws, typically consisting of two houses, in a federal government system.