What Type of Account Would Be Considered the Most Liquid

question 16

Multiple Choice

What type of account would be considered the most liquid?

• A)certificate of deposit
• B)checking account
• C)money market account
• D)brokerage account
• E)share of stock

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Definitions:

False Statement

An untrue or misleading assertion or claim intentionally or unintentionally conveyed as a fact.

Monetarists

Economists who support the idea that the money supply's fluctuations profoundly influence national output in the immediate future and the price level over more extended periods.

Economic Instability

A state characterized by significant fluctuations in economic activities such as employment, production, and prices, often leading to uncertainty.

Federal Reserve

The central banking system of the United States, responsible for monetary policy.