Which of the following is true in regard to money market deposit accounts?

Question

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MMDAs (Money Market Deposit Accounts) offer limited check-writing privileges, allowing account holders some flexibility in accessing their funds without sacrificing the benefits of a higher interest rate compared to regular savings accounts. They do not specify a maturity like CDs (Certificates of Deposit), are more liquid than retail CDs, and typically require a minimum balance to either open the account or avoid fees.

Which of the Following Is True in Regard to Money