Tom and mindy want to keep $420,000 in cash equivalents that are federally insured. they could accomplish this by a. investing $170,000 in a money market mutual fund and $250,000 in a federally insured credit union. b. dividing it equally into two different joint accounts in two different federally insured savings banks. c. putting $75,000 in two joint accounts in different branches of the same bank. d. dividing it equally into three different joint accounts in the same federally insured bank.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

The correct answer for the above question is (d) the additional benefit from consuming one more unit;