A liability for a commercial bank is its demand deposits

a. true
b. false

Ans: a. true

Economics

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In the money market, an excess supply of money will:

A) increase the demand for bonds, increase bond prices, and decrease interest rates. B) increase the demand for bonds, decrease bond prices, and decrease interest rates. C) decrease the demand for bonds, increase bonds prices, and increase interest rates. D) decrease the demand for bonds, decrease bond prices, and increase interest rates.

Economics

Which of the following is not an example of a business operated by a consumer cooperative?

a. grocery store b. apartment building c. Sunkist, a farm cooperative owned and operated by citrus growers d. health plan e. electric power facility

Economics