Describe the relationship between return and liquidity using a one-year CD and a checking account to illustrate
What will be an ideal response?
Answer: The highest return is least liquid (the CD). In exchange for liquidity, the return is lower with a checking account.
You might also like to view...
How does smell impact customers' mood and emotions?
What will be an ideal response?
In a(n) ________ model, developers make their programs available for free
A) amafessional B) instapreneur C) anticonsumption D) open-source E) Web 2.0
Explain how selective distortion is somewhat controllable by a marketer
What will be an ideal response?
Problem solving is ____.
A. basically trouble-shooting a technical problem to resolve the issue and recording the solution in the ticket B. randomly trying things to find an answer that quickly solves the issue and recording the solution in the ticket C. searching a database of solutions to find resolutions and trying the easiest ones first D. logically thinking and methodically determining the probable source of a problem and deciding on a solution