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1.
Some money market deposit accounts offer rates that are tied to US Treasury bills.
True. These are indexed money market accounts.
2.
Money market deposit account funds may be used to purchase money market securities.
True. This is their general purpose.
3.
Which of the following is not a popular reason to keep funds in a money market deposit account after it has been withdrawn from a tax-qualified retirement account?
None of the above. All of the above reasons are popular.
4.
The earnings on money market deposit accounts are generally competitive with those of which of the following investments?
Certificates of deposit. Money market deposit account earnings are generally on a par with those of certificates of deposit.
5.
Individuals often use money market deposit accounts to do all but which of the following?
Invest their tax revenue. Government bodies do this.