Which Statement Is False

question 162

Multiple Choice

Which statement is false?

• A)Time deposits are subject to higher reserve requirements than checking deposits.
• B)Treasury bills and notes are generally considered part of a bank's secondary reserves.
• C)Large banks are subject to a 10 percent reserve requirement on nearly all of their checking deposits.
• D)None of the statements are false.

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Definitions:

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Respond to Stimulus

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