Multiple Choice
The ability of a financial asset to be used to immediately make transactions is called:
A) store of value.
B) medium of exchange.
C) illiquidity.
D) liquidity.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Describe the fractional reserve banking system.
Q6: Large denomination time deposits are included in:<br>A)M1.<br>B)M2.<br>C)M3.<br>D)L)
Q7: Open market sale of government securities by
Q8: Financial innovations such as ATMs and electronic
Q9: The most liquid form of money is
Q11: In the money market,an increase in money
Q12: The Resolution Trust Corporation insures bank deposits.
Q13: Open market operations are an appropriate tool
Q14: An increase in the discount rate will
Q15: The _ book provides information of current