Which of the following is the most liquid asset?
a. Traveler's checks.
b. Savings-type deposits.
c. Small time deposits.
d. Large time deposits.
e. A modern art painting.
A
Economics
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If a certain type of clothing becomes more fashionable, we would expect that its price
a. will decrease and quantity will remain constant b. and quantity will both decrease c. will increase and quantity will decrease d. will decrease and quantity will increase e. and quantity will both increase
Economics
If the supply of and demand for loanable funds both shift left, which of the following necessarily happens?
a. the equilibrium interest rate falls b. the equilibrium interest rate rises c. the equilibrium quantity of loanable funds rises d. the equilibrium quantity of loanable funds falls
Economics