361 $
© 2014 Pearson Canada Inc.$
Because ____ are less liquid for the depositor than ____, they earn higher interest
rates.
A) savings account; time deposits
B) money market deposit accounts; time deposits
C) money market deposit accounts; savings account
D) time deposits; savings account
Answer: D
Diff: 2 Type: MC Page Ref: 295
Skill: Recall
Objective List: 13.1 Outline a bank's sources and uses of funds
Bank loans from the Bank of Canada are called ____ and represent a ____ of
funds.
A) advances; use
B) advances; source
C) overnight funds; use
D) overnight funds; source
Answer: B
Diff: 1 Type: MC Page Ref: 295
Skill: Recall
Objective List: 13.1 Outline a bank's sources and uses of funds
Which of the following is not a source of borrowings for a bank?
A) Overnight funds
B) Eurodollars
C) Time deposits
D) Advances
Answer: C
Diff: 1 Type: MC Page Ref: 295
Skill: Recall
Objective List: 13.1 Outline a bank's sources and uses of funds
Bank capital is equal to ____ minus ____.
A) total assets; total liabilities
B) total liabilities; total assets
C) total assets; total reserves
D) total liabilities; total borrowings
Answer: A
Diff: 1 Type: MC Page Ref: 295 - 296
Skill: Recall
Objective List: 13.1 Outline a bank's sources and uses of funds