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    Economics Principles and Policy Study Set 2
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    Exam 28: Money and the Banking System
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    An Asset That Can Be Converted Quickly into Cash at a Low
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An Asset That Can Be Converted Quickly into Cash at a Low

Question 97

Question 97

Multiple Choice

An asset that can be converted quickly into cash at a low transaction cost is known as


A) a liquid asset.
B) deposits.
C) credit card
D) None of the above is correct.

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