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Answer to Question #68107 in Macroeconomics for Morgan
Question #68107
Which is the LEAST liquid asset?
currencies
checkable deposits
small-time deposits
savings deposits
currencies
checkable deposits
small-time deposits
savings deposits
Expert's answer
Savings deposits is the least liquid asset, because you can't withdraw money from such saving accounts before the end of the term. So, the correct answer is savings deposits.
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