30 Apr People like to keep money in checking accounts because they can use that money to make transactio…
People like to keep money in checking accounts because they can use that money to make transactions or withdraw it as cash. In other words, the funds in those accounts are ___.
| Liquid | ||
| Solvent | ||
| Distributable | ||
| Marketable |
For a bank, market risk means which of the following?
| Assets may decrease in value because of changed market conditions | ||
| Liabilities may increase in value because of changed market conditions | ||
| Market analysts may publish data that undermines the bank’s reputation | ||
| Both a and b are examples of market risk |
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