________ are bank funds that can't be withdrawn without notice or transferred by check.
A) Long-term assets
B) Time deposits
C) M1
D) M2
E) Short-term assets

Name: ________ are bank funds that can't be withdrawn without notice or transferred by check. A) Long-term assets B) Time deposits C) M1 D) M2 E) Short-term assets
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Question

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Time deposits are bank funds that require notice before withdrawal and cannot be transferred by check. They are savings accounts or certificates of deposit (CDs) with a fixed term.

________ Are Bank Funds That Can't Be Withdrawn Without Notice