Which of the Following Represents the Technical Name for a Checking

question 17

Multiple Choice

Which of the following represents the technical name for a checking account?

• A) Free deposit
• B) Variable annuity
• C) Demand deposit
• D) Certificate of deposit

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Definitions:

Positively Correlated

A relationship between two variables where they move in the same direction, meaning as one variable increases, the other does as well.

Trading Activity

The volume or quantity of buying and selling transactions in a financial market over a specific period.

Average Returns

The mean financial return of an investment over a given time period, calculated by summing the returns of each period and dividing by the number of periods.

Confidence Index

A measure indicating the level of confidence investors have in the stock market, often based on bond yield comparisons.