Money has time value because of inflation

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Reference no: EM131965843

1. A commercial bank provides liquidity when it

a. pays the check written by a deposit customer.

b. redeems a savings deposit upon demand.

c. makes a loan fulfilling a loan commitment.

d. All of the above

2. Money has time value because of inflation - true or false

3. When a stock is listed on an exchange, members may trade it on the floor of the exchange - True or False

Reference no: EM131965843

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