10
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Saving and Investing

Question 10 • EA Academy Civics 9

Savings and money market accounts are both .

Answer
A
insured by the government
B
difficult to convert to cash
C
guaranteed high rates of return

Explanation

Savings accounts and money market accounts are generally insured by the government when held at an eligible, federally insured bank or credit union, subject to coverage limits. They are usually easy to access, and their interest rates are not guaranteed to be high. Therefore, the shared feature is that they are insured by the government.

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