Question: _______________________ that require the depositor to commit to leaving their funds in the bank for a certain period of time, in exchange for a higher

_______________________ that require the depositor to commit to leaving their funds in the bank for a certain period of time, in exchange for a higher rate of interest are also called ________________. Question 1 options: a) Money market funds; time deposits b) Certificates of deposit; time deposits c) Bonds; term deposits d) Demand deposits; certificates of deposit

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