Which of the following assets would be considered least liquid?
A) A silver coin
B) An antique automobile
C) A U.S. savings bond
D) A money market account
E) A certificate of deposit
Correct Answer:
Verified
Q1: Money is
A) an indicator of the scarcity
Q2: Liquidity refers to the
A) ability of an
Q3: Money that is not backed by any
Q5: Many recent changes affecting the banking industry
Q6: Which of the following is the most
Q7: Exchanging one good for another without the
Q8: A commodity will not likely be classified
Q9: The $25 you deposit into your savings
Q10: The functions of money do not include
Q11: The narrowest definition of the money supply
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