Answered: Which of the following assets in the…

Which of the following assets in the U.S. would be considered the least liquid? A silver coin An antique automobile A certificate of deposit (CD) A U.S. savings bond

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter25: Money, Banking, And The Federal Reserve System

Section: Chapter Questions

Problem 4P

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Question

Which of the following assets in the U.S. would be considered the least liquid?

1. A silver coin
2. An antique automobile
3. A certificate of deposit (CD)
4. A U.S. savings bond

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