Which asset is most liquid?

Question

Quizplus · Accepted Answer

Currency is considered the most liquid asset because it can be easily converted into other currencies or goods and services. It is widely accepted as a means of exchange, and its value is relatively stable. Other assets such as a house or stock may take longer to sell and may have fluctuations in value, making them less liquid. A government bond and a bank deposit have some level of liquidity, but may also have withdrawal restrictions or penalties.

Which Asset Is Most Liquid