The Primary Drawback of Money Market Accounts Is That

question 35

Multiple Choice

The primary drawback of money market accounts is that:

• A)they may restrict the number of transactions in the account that may take place in a specific period of time.
• B)the higher the interest rate they pay,the shorter their maturity date.
• C)they require an investment that is larger than many firms can make.
• D)the interest rate that they offer is fixed,raising the issue of interest rate risk.

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Definitions:

Pavlov

A psychologist known for his work on classical conditioning, demonstrating how stimuli can trigger conditioned responses.

Potential Behavior

The range of actions or conduct that an organism is capable of performing, given the right circumstances or triggers.

Knowledge

Information, understanding, or skill obtained through experience or education; the theoretical or practical understanding of a subject.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, which may involve synthesizing different types of information.