Generally,savings Account Yields Are ________ Than Certificates of Deposit That

question 83

Multiple Choice

Generally,savings account yields are ________ than certificates of deposit that are exposed to ________ liquidity risk.

• A)lower; more
• B)higher; less
• C)higher; more
• D)lower; less

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Definitions:

Budget Deficit

The financial situation where a government's expenditures exceed its revenues, leading to a shortfall that must be financed through borrowing.

Balanced Budget

A financial plan or budget where revenues are equal to expenditures, leaving no deficit or surplus.

Budget Deficit

A financial situation in which expenditures exceed revenue over a specific period, often referring to government spending.

Economic Recovery

The period of growth and improvement in economic indicators such as GDP, employment, and consumer spending following a recession.