Which One of the Following Savings Plans Is Not Covered

question 68

Multiple Choice

Which one of the following savings plans is not covered by federal deposit insurance?

• A) Passbook account at a savings and loan
• B) Regular checking account at a commercial bank
• C) Money market account at a commercial bank
• D) Money market fund with an investment company
• E) Certificate of deposit at a commercial bank

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Definitions:

Learned Associations

The process by which individuals connect two stimuli or events through repeated experience, leading to a change in behavior.

Voting Place

A designated location where individuals go to cast their ballots during an election.

Operant Behavior

A type of behavior that is controlled by its consequences, including rewards for positive behavior or penalties for negative behavior.

Respondent Behavior

A behavior that occurs as an automatic response to a certain stimulus.