What Is the Net Cost of an Average Demand Deposit

question 1

Multiple Choice

What is the net cost of an average demand deposit?

• A)3.0%
• B)3.3%
• C)3.6%
• D)3.9%
• E)4.2%

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World Economy

The global network of economic activities, trade, and production that transcends national borders, involving various economies of the world.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not state controlled.

Resource Suppliers

Entities or individuals that provide the necessary inputs (like labor, raw materials, and capital) for the production of goods and services.

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A tax levied by governments on individuals or entities based on their income or profits.