Which of the Following Is Not a Characteristic of Certificate

question 64

Multiple Choice

Which of the following is not a characteristic of certificate of deposit (CDs) ?

• A)You pay a penalty for early redemption.
• B)You "lock in" (are guaranteed)the stated interest if you hold the CD until maturity.
• C)They are preferred over money market deposits if you expect interest rates to fall.
• D)They have a minimum maturity of three years.

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Definitions:

Postmaterialist Argument

This argument suggests that as societies become more economically developed, their citizens increasingly prioritize values such as environmentalism, equality, and personal freedom over material or economic concerns.

Liberal Democracies

Political systems characterized by free and fair elections, rule of law, protection of rights and freedoms, and the separation of powers.

Youth

The period of development from childhood to adulthood, often focusing on teenagers and young adults, and characterized by physical, psychological, and social changes.

Colonial War

A colonial war refers to a conflict between a colonial power and a native population, or between two colonial powers, typically over control of territories or resources.