Answer:
A checking account is a type of bank deposit account that is designed for everyday money transactions. ... Savings accounts have higher interest rates than checking accounts, meaning it is better to let large sums of money (e.g., an emergency fund) sit in savings instead of checking.
Explanation:
Checking accounts are better for everyday transactions such as purchases, bill payments and ATM withdrawals. ... Savings accounts are better for storing money and earning interest, and because of that, you might have a monthly limit on what you can withdraw without paying a fee.
Answer:
b. how much wealth people want to hold in liquid form.
Explanation:
Money demand refers to the amount of liquid assets or wealth, which can be quickly converted to cash, an individual desires hold at a particular point in time, which enables the individual to easily carry out transactions such as exchange of goods and services. It is simply referred to as the desire of people to hold cash. It does include illiquid physical assets that cannot be quickly converted to cash. It includes cash or bank deposits.
Answer: E. postpone
Explanation:
This method encourages the sales person to push the discussion of certain aspects of the discussion to the end of the discussion.
It is a great way to keep people listening even if they are stuck on a couple of points. You simply tell then that you'll address those objections at the end. It shows that you at the very least acknowledge their objections.
The benefits are that it gives the salesperson more time to talk about the benefits of the products as well as time to think of a worthy response.
SMART is an acronym that means specific, measurable, achievable, relevant. The answer is D.
