The liquidity of money refers to A) the amount of gold it is backed b
The liquidity of money refers to
A) the amount of gold it is backed by.
B) how quickly it can be disposed of without high transaction costs.
C) asymmetric information.
D) the standard of deferred payments and how quickly those payments can be made.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.