Consider the relative liquidity of the following assets: Assets 1. A $5 bill 2. A share in a publicly traded company 3. The shares in a money market mutual fund 4. Your house

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Money And The Banking System
Section: Chapter Questions
Problem 1CQ
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Consider the relative liquidity of the following assets:
Assets
1. A $5 bill
2. A share in a publicly traded company
3. The shares in a money market mutual fund
4. Your house
Select the assets in order of their liquidity, from most liquid to least liquid.
Most Liquid
Second Most Liquid
Third Most Liquid
Least Liquid
Asset
Transcribed Image Text:Consider the relative liquidity of the following assets: Assets 1. A $5 bill 2. A share in a publicly traded company 3. The shares in a money market mutual fund 4. Your house Select the assets in order of their liquidity, from most liquid to least liquid. Most Liquid Second Most Liquid Third Most Liquid Least Liquid Asset
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