A. Suppose you are the chairperson in the Asset-Liability Management (ALM) Committee of NEF Bank. The committee is preparing a comprehensive repricing analysis for the most recent period. Members of the commitlee have a debate whether to include demand deposits and savings account deposits as rate-sensitive liabilities in the repricing analysis or not. For example, Mr. David Hunter, executive member of the committee, believes that NEF should not include them in the repricing analysis. On the other hand, Ms. Anna Shaolin thinks these two types of deposit accounts should be included in the repricing analysis. Do you think any or both of them are correct? Explain.