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    Economics Today Study Set 1
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    Exam 15: Money, Banking, and Central Banking
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    An Asset Is Liquid If It
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An Asset Is Liquid If It

Question 137

Question 137

Multiple Choice

An asset is liquid if it


A) is of intrinsic value.
B) can be exchanged for other goods and services.
C) is a store of value.
D) can be obtained or disposed of without losing much of its nominal value.

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