asked 230k views
5 votes
Which of the following would be the most liquid?

a. A $100 Sears gift card
b. A total of $1000 in checkable deposits
c. One hundred shares of Exxon-Mobil stock
d. A new ten dollar bill
e. A total of $5000 in your savings account

asked
User Mantar
by
8.6k points

2 Answers

2 votes

Answer:

d

Step-by-step explanation:

it is the easiest to spend without hurdles

answered
User John Velonis
by
7.7k points
6 votes

Answer:

d. A new ten dollar bill

Step-by-step explanation:

Liquidity of money refers to how easy it is to exchange a measure of money for goods and services. A new ten dollar bill is the most liquid because it can easily be exchanged for goods and services.

The other options have to first be converted to cash before they can be used to exchange for goods and services.

I hope my answer helps you

answered
User Jarin Udom
by
8.0k points
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