ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How easy it is to convert an asset into cash
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liquidity
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reconcile
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fiat money
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savings account
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Explanation:
Detailed explanation-1: -Liquidity is the ease of converting an asset or security into cash, with cash itself the most liquid asset of all. Other liquid assets include stocks, bonds, and other exchange-traded securities. Tangible items tend to be less liquid, meaning that it can take more time, effort, and cost to sell them (e.g., a home).
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