Question

passbook accounts, money market deposit accounts, money market mutual funds, and certificates of deposit (cds) are good ways to ____ money.

○ budget

○ borrow

○ save

○ withdraw

Explanation:

Passbook accounts, money market deposit accounts, money market mutual funds, and CDs are all financial instruments designed for storing and growing funds over time, which aligns with the purpose of saving money. Budgeting refers to planning spending, borrowing involves obtaining funds to repay later, and withdrawing is accessing funds already saved—none match the primary function of these instruments.

Answer:

C. Save