Which of the following is the most liquid asset?

A) season tickets to the Yankees' games
B) the cash that your Aunt Ursula stuffs in her mattress
C) a $5,000 6-month certificate of deposit (time deposit)
D) one hundred shares of IBM stock

Ans: B) the cash that your Aunt Ursula stuffs in her mattress

Economics

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In the loanable funds market,

a. savers are suppliers of loanable funds, and borrowers are demanders of loanable funds b. the supply curve slopes downward, and the demand curve slopes upward c. the supply curve reflects the negative relation between the market rate of interest and the quantity of savings d. households play the role of financial intermediaries e. banks pay a higher interest rate on consumer savings than they could earn by lending these funds out

Economics

How could transferable pollution rights lead to pollution being reduced at the lowest possible opportunity cost?

Economics