An individual wanting the most liquid asset possible will hold
A) a savings account.
B) U.S. government bonds.
C) currency.
D) gold.

Question

Quizplus · Accepted Answer

Currency is the most liquid asset as it can be easily exchanged for goods and services without any delay or transactional costs. Savings accounts and government bonds may also be relatively liquid, but they carry some limitations or restrictions on withdrawals and may involve penalties or fees for early withdrawal. Gold is a less liquid asset as it needs to be physically sold or exchanged through a market, which can involve transactional costs and may take time to complete.

An Individual Wanting the Most Liquid Asset Possible Will Hold