A Time Deposit That Allows for a Periodic Upward Adjustment

question 105

Multiple Choice

A time deposit that allows for a periodic upward adjustment to the promised rate is called a:

• A)negotiable CD.
• B)bump-up CD.
• C)step-up CD.
• D)liquid CD.
• E)None of the options is correct.

---

Definitions:

Cramming

The practice of intensively memorizing large volumes of information in a short period, often used in the context of studying.

Distributed Practice

A learning strategy where study or practice is broken up into a number of short sessions over a longer period of time.

Deep Processing

A method of learning that involves engaging with the material on a meaningful level, leading to better memory and understanding.

History of Psychology

An examination of the origins, evolution, and major developments within the field of psychology.