question archive Consider the relative liquidity of the following assets: Assets 1

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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