Describe some of the short-term investment vehicles that can be used to manage your cash resources. What would you focus on if you were concerned that inflation will increase significantly in the future?

Short-term is generally understood to be less than a year. Given this short period the options are:

• Saving account at a commercial bank or credit union
• Treasury Bills (T-bills) which are issued for 3 and 6 months
• Certificates of Deposit are issued for periods of less than one year

Each of these are very secure with the T-bill being the most secure.