Because It Pays Higher Interest,a CD Is Considered More Liquid

question 86

True/False

Because it pays higher interest,a CD is considered more liquid than a passbook savings account.

---

Definitions:

Emotional Support

Assistance provided through empathy, concern, and encouragement to help individuals cope with emotional distress or challenges.

Nuclear Family

A family unit consisting of two parents and their children, regarded in some societies as the ideal or most desirable family structure.

Primary Child-rearing

The fundamental process wherein parents or guardians provide the care, socialization, and education necessary for a child's development.

Expressive Role

A social role that focuses on emotional, supportive, and nurturing behavior, typically associated with maintaining relationships and the social cohesion of groups.