Demand deposits are more liquid than cash.

a. true
b. false

Answer: b. false

Business

You might also like to view...

If the market value of a property is $184,500 and the assessment ratio is 35 percent, what are the monthly taxes if the tax rate is 30 mills?

A) $1,937.25 B) $179.37 C) $161.44 D) $1,614.38

Business

If high tariffs are present, managers may consider other strategies, such as FDI, licensing, and joint ventures that allow the firm to operate directly in the target market, avoiding import barriers

Indicate whether the statement is true or false

Business