Which of the following is a characteristic of a money market account? Group of answer choices A. Account holder can withdraw cash easily B. Simple to use with debit cards and checks C. Offers a high rate of return on deposits D. Has the potential for identity theft

C. Offers a high rate of return on deposits

Explanation:

A money market deposit account (MMDA) is among the savings accounts available to customers from financial institutions such as banks and credit unions. The interest or dividend rates offered by the MMDa are higher than those offered by traditional savings and checking accounts. The interest rates offered by MMDA compete with those of certificates of deposit.

Money Market Deposit accounts are an indirect way of investing in short-term money market securities such as treasury bills and commercial papers. The returns in MMDA are tied to those of money market investments.

say it in english maybe we can

answer; test-retest;