Which of the Following Would Normally Offer the Best Rate

question 67

Multiple Choice

Which of the following would normally offer the best rate of return?

• A)A three-year GIC for $1000
• B)A money market fund
• C)A four-year GIC for $10 000
• D)A four-year term deposit for $10 000

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Definitions:

Hypothetical Open Question

An inquiry that poses a speculative scenario, allowing for expansive and imaginative responses.

Closing Phase

The final stage of a project or process in which objectives are confirmed as met and the project is formally concluded.

Question-Response Phase

A part of a conversation or interaction where questions are asked and answers are provided, facilitating the exchange of information.

Opening Phase

The initial stage of a communication or interaction where parties establish rapport and identify the purpose of their exchange.