A principal disadvantage of conventional checking accounts compared to money market mutual funds is that checking accounts
A) are less liquid.
B) often do not pay interest.
C) cannot be used as a store of value.
D) are not insured by deposit insurance.
Correct Answer:
Verified
Q113: On which of the following assets are
Q114: Liquidity can be defined as the
A)cash value
Q115: One principle that nearly all economists agree
Q116: Money market mutual funds are accounts that
Q117: Although checking deposits are considered money, they
Q119: As of December 2010, the largest single
Q120: The largest portion of the M1 money
Q121: The early goldsmiths issued money in the
Q122: Savings deposits are included in
A)M1 but not
Q123: If bankers decide to keep a lower
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