Which of the following assets is the MOST liquid?
A) demand deposits
B) real estate
C) stocks
D) an art collection

Question

Quizplus · Accepted Answer

Demand deposits are the most liquid asset as they can be easily and quickly converted into cash without any significant loss of value. Real estate, stocks, and an art collection are relatively illiquid assets that may take time and effort to sell and potentially face a loss of value.

Which of the Following Assets Is the MOST Liquid