To ensure adequate liquidity for a "rainy day fund", you should keep those funds in
A) high quality stocks.
B) municipal bonds to minimize federal taxes.
C) money market fund accounts.
D) gold since it can be a storehouse of value.

Question

Quizplus · Accepted Answer

Money market fund accounts are considered a good choice for a "rainy day fund" because they offer liquidity and stability, allowing you to access your funds quickly and without significant risk of loss.

To Ensure Adequate Liquidity for a "Rainy Day Fund", You