Section One Directions: In this
section, you will hear ten short statements. Each statement will be spoken only
once. After each statement, there will be a pause. During the pause, you must
read the four suggested answers marked A, B, C and D, and decide which is the
best answer.
A．People can draw the money on CDs whenever they want. B．People can sell their CDs in the money market whenever they want. C．A CD is a demand deposit as opposed to a term security. D．CDs don’t have a specified maturity date.