Which of the following factors usually influence a person's choice of savings medium?
A)liquidity
B)degree of safety
C)return
D)all of the above

Question

Quizplus · Accepted Answer

All of the factors listed (liquidity, degree of safety, and return) typically influence a person's choice of savings medium. It is important for individuals to balance these factors based on their personal financial goals and needs. Some may prioritize liquidity for emergency situations, while others may prioritize return for long-term savings goals. Ultimately, it is up to the individual to decide what savings medium best aligns with their financial priorities.

Which of the Following Factors Usually Influence a Person's Choice