Which of the following assets is most liquid?
a. Funds in a checking account.
b. A car.
c. A home.
d. A municipal bond.
a
You might also like to view...
U.S. cotton production
a. remained concentrated in Georgia and South Carolina until after 1860. b. was unable to compete with wool production in the antebellum textile industry. c. accounted for more than half of the dollar value of US exports between 1800 and 1850. d. faced declining world demand for most of the antebellum period.
Taxes cause deadweight losses because they
a. lead to losses in surplus for consumers and for producers that, when taken together, exceed tax revenue collected by the government. b. distort incentives to both buyers and sellers. c. prevent buyers and sellers from realizing some of the gains from trade. d. All of the above are correct.
An example of a payoff in a game would be:
A. winning an election. B. a salary. C. having clean drinking water. D. All of these are examples of payoffs.
A consol is:
A. a bond with a maturity date exceeding 10 years. B. a bond that makes periodic interest payments forever. C. another name for a zero-coupon bond. D. a form of a bond that is issued quite often by the U.S. Treasury.