A Savings Deposit Is a Type of

question 31

Multiple Choice

A savings deposit is a type of

• A) time deposit that is payable on demand.
• B) time deposit that earns interest and allows the depositor to write checks payable to other persons.
• C) time deposit that does not earn interest but does offer limited check-writing services.
• D) interest-earning account at a bank or thrift institution in which funds can be withdrawn at any time without a penalty payment.
• E) checkable deposit that also pays interest.

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Definitions:

Psychological Disorder

A pattern of behavioral, cognitive, emotional, or physical symptoms shown by an individual, which causes distress, disability, or an increased risk of suffering, death, pain, or an important loss of freedom.

Stereotype

A widely held but fixed and oversimplified image or idea of a particular type of person or thing.

Dangerous

Something or someone that is likely to cause harm or injury.

Medical Model

An approach to understanding and treating illness that focuses on biological factors, treating mental or physical disorders as diseases with diagnoses and medical treatments.