Compared to money market accounts, cds are liquid and have interest rates? a. less; higher b. more; higher c. less; lower d. more; lower

A. less; higher

Compared to money market accounts, CDs are less liquid and have higher interest rates.

Explanation:

Certificates of deposit (CDs) refer to a saving certificate issued by a federally chartered bank which has a fixed interest rate and fixed date of withdrawal (the maturity date). There exists restriction in accessing the funds until the maturity date of the investment. The maturity rates vary from 30 days to six months or more and the amount of the face value also vary greatly. Certificates of deposit (CDs) are less liquid and have higher interest rates. Interest rates are  the amount charged by a lender to a borrower for using his or her assets.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

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