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Part 1 Which statements are true about the liabilities of commercial banks? Check all that apply: Deposits are a major source of funds for commercial
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Which statements are true about the liabilities of commercial banks?
Check all that apply:
Deposits are a major source of funds for commercial banks.
Nondeposit liabilities include interbank borrowings and repurchase
agreements.
Commercial banks' equity constitutes a large portion of their total assets.
Transaction accounts are the most significant part of total deposits.
Large time deposits make up a small percentage of total deposits.
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