Which of the following assets has the greatest liquidity?
a) Checking account
b) Share of stock
c) Savings bond
d) Real estate
Ans: a) Checking account
Economics
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In a competitive market, when price is below the equilibrium price, there will be pressure for the price to:
A) fall. B) stay the same. C) rise. D) change only if demand and/or supply change.
Economics
Which of the following is the ultimate goal of monetary policy?
a. Complete removal of income inequality b. Economic growth with price stability c. Free trade d. Balanced budget e. Economic welfare
Economics