A One-Year CD Has a ________ Return and ________ Liquidity

question 93

Multiple Choice

A one-year CD has a ________ return and ________ liquidity than a checking account.

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

---

Definitions:

Soybeans

A type of legume native to East Asia, widely grown for its edible bean which has numerous uses.

Shut-Down Price

The price at which a firm ceases production in the short run because the market price has fallen below the minimum average variable cost.

Soybean Cost

The market price of soybeans, which fluctuates based on factors such as supply, demand, and market conditions.

Farmer

An individual engaged in the act of agriculture, raising living organisms for food or raw materials.