3
QuizMultiple Choice

Macroeconomics — Test

Question 3 • Economics

Which is the most liquid form of money?

Answer
A
investment accounts
B
cash and currency in circulation
C
savings accounts
D
demand accounts

Explanation

Liquidity means how quickly and easily an asset can be used to make a payment. Cash and currency in circulation can be spent immediately without needing to withdraw or transfer funds, so cash and currency in circulation is the most liquid form of money.

AI-written and checked against the verified answer.

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