ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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bank
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school
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grocery store
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hospital
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Detailed explanation-1: -Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Certificates of deposit (CDs) issued by banks and credit unions also carry deposit insurance.
Detailed explanation-2: -“U.S. Treasury securities, such as Treasury bills, notes and bonds, are considered to be among the safest investments because they are backed by the full faith and credit of the U.S. government, ” Boothe said.
Detailed explanation-3: -The tellers have drawers full of money to take care of transactions, such as basic cash withdrawals. Most of the other money in a bank will be held in a secure vault to keep it safe.
Detailed explanation-4: -JPMorgan Chase. U.S. Bank. PNC Bank. Citibank. Wells Fargo. Capital One. M&T Bank Corporation. AgriBank. More items