Money market mutual funds:
a. offer higher rates of interest than bank checking accounts, but lack check-writing privileges
b. offer higher rates of interest than bank checking accounts and also offer limited check-writing privileges.
c. usually pay lower rates of interest than bank checking accounts.
d. were originally developed and offered by banks to their customers.
e. usually do not offer any check-writing privileges.
b
You might also like to view...
Holdouts who set a price for land above their opportunity cost and refuse to budge on selling their land for a lower price can reduce the size of the economic pie
Indicate whether the statement is true or false
Starting from long-run equilibrium, a large tax increase will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. recessionary; lower; potential B. expansionary; lower; potential C. expansionary; higher; potential D. recessionary; lower; lower
There is public dissaving if
A) G + TR > T. B) G + TR < T. C) TR > G + T. D) TR < G + T.
If average labor productivity in two countries is the same, average living standards will be higher in the country with:
A. the lower share of population employed. B. the smaller population. C. the higher share of population employed D. the larger population.