Which asset is the LEAST liquid?
A) a bar of gold
B) a $100 bill
C) a pile of dog fur
D) a current-edition used textbook
Correct Answer:
Verified
Q52: The monetary base consists of currency:
A) plus
Q53: The largest means of payment in the
Q54: M1 is equal to currency plus:
A) checkable
Q55: Reserves held by banks are mainly held
Q56: Which serves as a means of payment
Q58: Which is included in M2?
A) currency
B) checkable
Q59: Which is NOT a widely used means
Q60: A liquid asset is:
A) an asset that
Q61: Which is the LEAST liquid means of
Q62: Money is:
A) anything that is widely accepted
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