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Joe Gustafson Is a Very Busy Person Who Prefers to Use

Question 22

Multiple Choice

Joe Gustafson is a very busy person who prefers to use one account to handle all his financial services needs like checking, investing, and borrowing. Which of the following types of accounts is most suitable for Joe?


A) A checking account
B) A money market deposit account (MMDA)
C) A brokerage account
D) An asset management account (AMA)
E) A savings account

Correct Answer:

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