ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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savings accounts are considered short term investment options
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True
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -In case of short term investments, the money can be converted into cash after a tenure of 3 to 12 months. Some of the popular short term investments include high-yield savings accounts, money market accounts, treasury bills, and government bonds, which are quality products with highly liquid assets.
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