In: Finance
Which of the following is an example of an illiquid asset?
a. Money market deposit account
b. Money market mutual fund
c. U.S. Treasury bill
d. None of these
Which of the following will likely pay the highest rate of interest?
a. Checking account
b. Certificate of deposit
c. U.S. savings bond
d. Savings account
Which of the following insures credit union savings accounts for up to $250,000?
a. Savings Association Insurance Fund (SAIF)
b. Federal Deposit Insurance Corporation (FDIC)
c. National Credit Union Share Insurance Fund (NCUSIF)
d. Bank Insurance Fund (BIF)
An example of a demand deposit is
a. a checking account.
b. a savings account.
c. a certificate of deposit.
d. both a and b.
Which of the following is an example of an illiquid asset?
a. Money market deposit account
Which of the following will likely pay the highest rate of interest?
b. Certificate of deposit
Which of the following insures credit union savings accounts for up to $250,000?
d. Bank Insurance Fund (BIF)
An example of a demand deposit is
d. both a and b.