Ranking assets from most liquid to least liquid, the correct order is
A) savings bonds; house; currency.
B) currency; savings bonds; house.
C) currency; house; savings bonds.
D) house; savings bonds; currency.
B
Economics
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What currency was the base, or center, currency in the ERM used in Europe during the 1980s and 1990s?
A) the French franc B) the British pound C) the German mark D) the Italian lira
Economics
Each person goes about her daily business seeking to maximize her own self interests. In doing so, she contributes to the welfare of society at large. This is the idea underlying Adam Smith's "invisible hand."
Indicate whether the statement is true or false
Economics