The best choice for someone who makes occasional spur-of-the-moment purchases is
A) a money market mutual fund.
B) a passbook savings account.
C) a certificate of deposit.
D) a U.S.Series HH bond.
Correct Answer:
Verified
Q42: One motive for holding cash is to
Q43: A money market deposit account does not
Q44: Many financial planners believe you should hold
Q45: Both money market deposit accounts and money
Q46: In most cases,you have unlimited access to
Q48: Money market deposit accounts are not as
Q49: A NOW account is defined simply as
Q50: Federal deposit insurance insures each deposit you
Q51: A temporary parking place for cash means
Q52: An emergency reserve is held for transactions
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