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Harrizon [31]
2 years ago
9

Rank the different types of bank accounts according to their liquidity.

SAT
1 answer:
Finger [1]2 years ago
5 0

The Rank of the different types of bank accounts according to their liquidity from Highest liquidity to Lowest liquidity are:

  • Checking Account
  • Savings Account
  • Certificate of Deposit (CD)

<h3>What liquidity means in business?</h3>

Liquidity is known to be a company's ability to be able to raise cash if it is said to be in dine need of  it.

Hence, The Rank of the different types of bank accounts according to their liquidity from Highest liquidity to Lowest liquidity are:

  • Checking Account
  • Savings Account
  • Certificate of Deposit (CD)

Learn more about liquidity from

brainly.com/question/921670

#SPJ1

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Suppose that the annual federal deficit is $350 billion. Gross domestic product 'gdp', a measure of the size of the economy is $
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Based on the information the ratio between the deficit and gdp as a percentage is 2.41%.

<h3>Ratio between the deficit and gdp:</h3>

Using this formula

Ratio between the deficit and gdp=Annual federal deficit/Gross domestic product×100

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Inconclusion the ratio between the deficit and gdp as a percentage is 2.41%.

Learn more about ratio between the deficit and gdp here:brainly.com/question/4731320

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