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Author Question: An asset is considered liquid if it A) can be used as a store of value. B) has a guaranteed rate ... (Read 71 times)

Pineappleeh

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on: Jun 30, 2018
An asset is considered liquid if it
 
  A) can be used as a store of value.
  B) has a guaranteed rate of return.
  C) is indexed to the rate of inflation.
  D) acts as a medium of exchange.
  E) none of the above

Question 2

Which of the following is part of M1 and part of M2?
 
  A) currency
  B) travelers checks
  C) checkable deposits
  D) all of the above
  E) none of the above


catron30

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


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Pineappleeh

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Reply #2 on: Jun 30, 2018
Thank you :)


catron30

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Reply #3 on: Jun 30, 2018
Happy to help you


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