Which of the Following Is True About a NOW Account

question 63

Multiple Choice

Which of the following is true about a NOW account?

• A) Pays no interest
• B) Not as liquid as a traditional checking account
• C) No minimum balance is required
• D) Is not an insured account

---

Definitions:

Aimee Semple McPherson

An influential American evangelist and media personality in the early 20th century, known for her healing services and founding of the Foursquare Church.

1920s Fundamentalism

A religious movement that emphasized a literal interpretation of the Bible, significantly influential in the United States during the 1920s.

Modern American

Pertaining to the contemporary cultural, social, and economic aspects and trends within the United States.

Operant Response Rates

The frequency at which an organism performs a behavior in response to a given operant conditioning scenario.