An asset is considered liquid if it A) can be used as a store ...

[Pineappleeh]

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]

Answer to Question 1

E

Answer to Question 2

D

[Pineappleeh]

Thank you

[catron30]

Happy to help you