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A Money Market Mutual Fund Account Is A(n)

Question 119

Multiple Choice

A money market mutual fund account is a(n) :


A) checking account that earns interest.
B) savings account against which one can write checks.
C) group of stocks sold under one name.
D) claim on a collection of interest-earning assets that is not guaranteed by the FDIC.
E) account with which the Fed buys and sells U.S.government securities.

Correct Answer:

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