question archive Consider the relative liquidity of the following assets: Assets 1
Subject:EconomicsPrice:2.85 Bought3
Consider the relative liquidity of the following assets:
Assets
1. | A $5 bill |
2. | The funds in a savings account |
3. | A boat you own |
4. | A bond issued by a publicly traded company |
Select the assets in order of their liquidity, from most liquid to least liquid.
Asset |
|
---|---|
Most Liquid |
Boat $5.00 bill Funds in a savings account Bond |
Second-Most Liquid |
Funds in a savings account Boat $5.00 bill Bond |
Third-Most Liquid |
Bond Boat $5.00 bill Funds in a savings account |
Least Liquid |
Funds in a savings account $5.00 bill Bond Boat |
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