It is a federally insured savings account, offered by banks and other depository institutions, that competes with money

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

It is a federally insured savings account, offered by banks and other depository institutions, that competes with money

Post by answerhappygod »

It is a federally insured savings account, offered by banks and other depository institutions, that competes with money market mutual funds. What is it?

A. Money market deposit account
B. Negotiable order of withdrawal account
C. Money market mutual funds
D. Asset management account
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!

This question has been solved and has 1 reply.

You must be registered to view answers and replies in this topic. Registration is free.


Register Login
 
Post Reply