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Nick Rodr has a savings account with $550 in it. He knows that he can withdraw this money from his savings account whenever he wishes: This would be an example of: A. money management. B. an opportunity cost. C. a balance sheet. D. a liquid asset.

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User Mark He
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2 Answers

5 votes

Answer:

D. Liquid asset

Step-by-step explanation:

I took the exam

answered
User Gagneet
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D. a liquid asset. Liquid assets are cash on hand or any tangible or intangible item that can be converted quickly and easily into cash, typically within 20 days, without losing much of their value.
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User Arnout
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