How does the risk of a money market mutual fund compare with that of a savings account?

A. A money market mutual fund has less risk than a savings account.

B. A money market mutual fund has slightly greater risk than a savings account.

C. A money market mutual fund has much greater risk than a savings account.

D. The risk of both is about the same.

Question

How does the risk of a money market mutual fund compare with that of a savings account?

A. A money market mutual fund has less risk than a savings account.	

B. A money market mutual fund has slightly greater risk than a savings account.	

C. A money market mutual fund has much greater risk than a savings account.	

D. The risk of both is about the same.

anonymous · Answer

C. A money market mutual fund has a greater risk than savings. Savings account has virtually no risk at all. (Exception is that if the bank files for bankruptcy.)