Of the items in the following lists, which go from most liquid to least liquid?
A) a house, a six-month certificate of deposit, shares of stock, a checking account
B) a checking account, a certificate of deposit, shares of stock, a house
C) a checking account, a house, a six-month certificate of deposit, shares of stock
D) a six-month certificate of deposit, shares of stock, a house, a checking account
B
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Suppose a bank will pay you a 10% interest rate on your deposits for one period. In this case you must sacrifice $10 of current consumption to finance:
a. $9 of future consumption b. $10 of future consumption c. $11 of future consumption d. $1 of future consumption e. none of the above
Someone who is available for work but has not actively looked for work in the previous four weeks would be classified as
A) employed. B) not in the labor force. C) not in the working-age population. D) unemployed.