Multiple Choice
An asset that without loss of value can be quickly converted into money:
A) is a liquid asset.
B) is nonexistent.
C) is housing.
D) must rise in value over time.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q253: A liquid bank has short-term liabilities that
Q254: How many regional banks compose the Federal
Q255: _ refers to the Federal Reserve's purchase
Q256: Explain how the Federal Reserve controls the
Q257: Which is NOT a means of payment?<br>A)
Q259: Checkable deposits are part of:<br>A) the monetary
Q260: The world's largest bank customer is:<br>A) the
Q261: If money is neutral in the long
Q262: What is the reserve requirement?<br>A) the legal
Q263: U.S.currency is printed by the:<br>A) U.S.Department of