Andy Keeps His Savings in a Certificate of Deposit at a Bank

question 54

Multiple Choice

Andy keeps his savings in a certificate of deposit at a bank, Ben keeps his savings invested in U.S.savings bonds, Beth keeps her savings in the form of liquid cash in her vault, and Charlie uses his to buy stock on the New York Stock Exchange.Given this information, who among the following individuals is using indirect finance?

• A)Andy
• B)Ben
• C)Charlie
• D)Beth

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Definitions:

Divergent Thinking

A mental process or procedure aimed at creating original ideas by investigating various possible responses.

Mind Mapping

A visual diagramming technique used to organize information, ideas, or thoughts around a central concept.

Mental Image

A picture or visual representation created by the mind that is not currently being perceived through the senses.

Gardner's Theory

Howard Gardner's theory of multiple intelligences, which proposes that people possess various kinds of cognitive strengths, encompassing linguistic, logical-mathematical, spatial, musical, bodily-kinesthetic, interpersonal, intrapersonal, and naturalistic intelligences.