Money is "liquid" because
A)It loses value with inflation
B)Coins can be melted to use their metal to make goods
C)It serves as a measure of value
D)It does not have to be sold to buy goods and services
E)It is a valuable asset

Question

Quizplus · Accepted Answer

Money is considered "liquid" because it can easily be used to buy goods and services without having to be sold or converted into another form. It is easily accessible and can be used for transactions with little to no friction.

Money Is "Liquid" Because