As the relative expected return on dollar deposits increases, Americans will want to hold fewer dollar deposits and more foreign deposits

Indicate whether the statement is true or false

FALSE

Business

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Because of the large amounts of policy reserves that life insurance companies carry as liabilities, they are rarely surprised by unexpected fluctuations in expected future payouts.

a. true b. false

Business

Why are liquid assets important in cash management?

What will be an ideal response?

Business