The Best Form of Emergency Savings Is Which of the Following

question 100

Multiple Choice

The best form of emergency savings is which of the following?

• A) Highly liquid cash assets.
• B) Borrowing the needed funds.
• C) Charging the needed funds to a credit card.
• D) Taking money from your retirement account.

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Definitions:

Spatial Closeness

The physical proximity or nearness of objects or individuals to one another, which can influence social interactions and relationships.

Interchangeable

Capable of being used or substituted in place of each other without significant difference or loss of function.

Paradox Of Close Relationships

The phenomenon where close relationships, which are sources of immense joy, can also be sources of significant stress and disappointment.

Mere Exposure Effect

An increase in positive feelings toward a novel stimulus (such as a person) based on frequent exposure to it.