To Get a Better Rate on an Emergency Fund Investment

question 15

Multiple Choice

To get a better rate on an emergency fund investment you should invest in a

• A)five-year cashable GIC.
• B)one-year non-cashable GIC.
• C)money market fund.
• D)one-year term deposit

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Definitions:

Montana Rancher

An individual who owns or manages a ranch in Montana, involved in the raising of livestock, such as cattle or sheep.

Green Spaces

Areas of natural land, such as parks and gardens, within urban environments, which have positive effects on physical and mental health.

Lower Levels of Stress

A state of reduced psychological or emotional tension and strain.

Self-reported Health

An individual's assessment of their own health status, typically obtained through survey or questionnaire.