Which of the following is the most liquid category of assets?
a. Large time deposits
b. Money market mutual fund balances
c. Small time deposits
d. Saving-type accounts
e. Demand deposits
E
Economics
You might also like to view...
Under a fixed exchange standard, if the domestic demand for foreign exchange increases
A) the central monetary authority must meet the demand out of its reserves. B) the central monetary authority must increase the supply of domestic money. C) the fixed exchange standard will breakdown. D) inflation will increase. E) the domestic currency must be depreciated.
Economics
The game in Scenario 13.10 is
A) variable-sum. B) constant-sum. C) cooperative. D) a Prisoners' Dilemma. E) a Cournot Production Cross.
Economics