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    Personal Finance Study Set 4
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    Exam 1: Personal Finance Basics and the Time Value of Money
  5. Question
    The Ability to Convert Financial Resources into Usable Cash with Ease
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The Ability to Convert Financial Resources into Usable Cash with Ease

Question 51

Question 51

Multiple Choice

The ability to convert financial resources into usable cash with ease is referred to as:


A) bankruptcy.
B) liquidity.
C) investing.
D) saving.
E) opportunity cost.

Correct Answer:

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