The liquidity property of money is the property that makes money
A) a good store of value and a good unit of account.
B) a good medium of exchange and a good store of value.
C) a good medium of exchange and a good unit of account.
D) a good store of value and a good standard of deferred payment.
Correct Answer:
Verified
Q3: If you save $3 000 for a
Q10: 'Liquidity' is defined as the ease with
Q13: 'Money' is:
A)an asset that people are generally
Q15: A farm worker gets paid today in
Q17: Which of the following is the most
Q19: Many international trade contracts are denominated in
Q21: The key to having the citizens in
Q28: A car dealer sells you a car
Q33: A barter economy is an economy where
A)goods
Q39: Why is gold not a good medium
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents