The most liquid asset(s) of all is (are)
A) cash in the hands of the public
B) cash in the hands of banks
C) demand deposits held by households and businesses at commercial banks
D) travelers' checks
E) credit cards
Correct Answer:
Verified
Q29: Credit cards are considered to be money
Q30: When was the first U.S.paper currency,the greenback,created?
A)
Q31: Which of the following is the proper
Q32: Which of the following is the most
Q33: Money is the means of payment in
Q35: All cash within the geographical boundaries of
Q36: Money is
A) an asset that is widely
Q37: Cash in a commercial bank's vault is
Q38: Which of the following is the most
Q39: Which of the following is counted as
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