Hot Student Stories

Economists studying the money supply categorize the status of the money based on?

Heather Maxwell

in Social studies

1 answer

1 answer

William Cain on July 22, 2018

Are classified by the state based on LiquidityLiquidity describes how easy the money can be used for a quick payment without necessarily affect the total value of the assets.For example, we have 10,000 in cash. If that money is withheld to pay a $ 10,000 Debt to another company, which cash is classified as non-liquid, which meant that it can be used, although we have also had to

Add you answer