What is the key service performed by a goldsmith?
A)screening
B)liquidity transformation
C)monitoring
D)funding
E)origination

Question

Quizplus · Accepted Answer

The key service performed by a goldsmith is liquidity transformation, which involves taking in currency or other easily traded items (like gold) and transforming them into more difficult-to-trade items like jewelry. This allows customers to access the full value of their assets in a more liquid form.

What Is the Key Service Performed by a Goldsmith