Which of the Following Would Be an Appropriate Savings Vehicle

question 87

Multiple Choice

Which of the following would be an appropriate savings vehicle if you expected interest rates to fall over the next few months?

• A)money market deposit account
• B)money market mutual fund
• C)certificate of deposit
• D)Series EE US savings bond
• E)a and b

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Definitions:

Part-Time Work

Employment with fewer hours per week than a full-time position, allowing for flexibility or other commitments.

Involuntary Workers

Individuals who are employed against their will, often under threat of punishment or within coercive environments.

Suitable Full-Time Work

Employment that aligns with an individual’s skills, availability, and offers adequate compensation and working conditions.

Employers

Organizations or individuals who hire and pay employees to perform specific tasks or services.