Question

a _______________ is money deposited in a bank that a person can withdraw at any time by writing a check.

• 5 points

stock account
checking account
credit account

all investments are called near money. *
5 points
true
false

Explanation:

1. For the first question: A checking account is a bank deposit account designed for on-demand withdrawals, often via checks. Stock accounts hold investments, not withdrawable via checks, and credit accounts are lines of credit, not deposited funds.
2. For the second question: Near money refers to highly liquid assets that can quickly be converted to cash, not all investments. Illiquid investments like real estate are not considered near money.

Answer:

1. checking account
2. False