Which of the Following Refers to a Savings Product That

question 43

Multiple Choice

Which of the following refers to a savings product that is generally purchased with one lump-sum dollar amount?

• A) Retirement account.
• B) Savings account.
• C) Money market savings account.
• D) Certificate of deposit.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.