The liquid asset that is most easily used for household transactions is a

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Checking accounts are designed for everyday transactions and provide easy access to funds through checks, debit cards, and online banking. Money market deposit accounts, money market mutual funds, and U.S. Treasury bills may also be considered liquid assets but may have limitations on the number of transactions or require additional steps for access to funds. Passbook savings accounts typically have lower interest rates and may also have limitations on transactions.

The Liquid Asset That Is Most Easily Used for Household