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Investing

Question 3 • GA-GSE Personal Finance and Economics

Money invested in a CD than money used to purchase a home.

Answer
A
is more diversified
B
has greater liquidity
C
is at greater risk

Explanation

A certificate of deposit (CD) is generally easier to turn into cash than a home, which can take time to sell. Therefore, money invested in a CD has greater liquidity than money used to purchase a home.

AI-written and checked against the verified answer.

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