Bank Certificates of Deposit Are the Safest and Most Liquid

question 62

True/False

Bank certificates of deposit are the safest and most liquid of all the money market securities.

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Definitions:

Defensive Industry

Industries that are relatively unaffected by economic cycles and fluctuations, such as utilities and consumer staples, because their products are always in demand.

Automobile Industry

A global sector that involves the design, development, manufacturing, marketing, and selling of motor vehicles.

Food Industry

The sector that covers the processing, preparation, and distribution of food products from agricultural production to consumers.

Total Revenue

The total income generated by a company from its business activities before any expenses are subtracted.