Multiple Choice
A liquid asset is:
A) an asset that can be used for payments,or can quickly and without loss of value be converted to an asset that can be used for payments.
B) an asset that cannot be used for payments,or can quickly and without loss of value be converted to an asset that can be used for payments.
C) a very narrowly accepted means of payment.
D) gold and only gold.
Correct Answer:
Verified
Correct Answer:
Verified
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