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Diano4ka-milaya [45]
3 years ago
11

Which is the most liquid form of money?

Business
2 answers:
dalvyx [7]3 years ago
8 0
The answer is A - I just took the test!
UkoKoshka [18]3 years ago
3 0

<u>Option (a) is correct. The cash and currency in circulation is the most liquid form of money. </u>

Further Explanation:

Liquidity:

The liquidity refers to an asset’s ability to convert it into cash. When the asset can be converted into cash quickly, it will be considered as a highly liquid asset. When the asset cannot be converted into cash quickly, it will be considered as a low liquid asset. The liquidity is an essential factor in the business as it states the efficiency of the company to pay its short-term obligations.

Justification for the correct and incorrect option:

a.

Cash and currency in circulation: This is the correct option because the cash and currency are the hard cash and considered as the most liquid asset.

b.

Investment accounts: This is an incorrect option because the investment can not be converted into cash faster than the cash and currency in circulation.

c.

Saving account: This is an incorrect option. The savings account is highly liquid, but there are restrictions on the per day withdrawal limit.

d.

Demand accounts: This is an incorrect option because cash is the highest form of liquidity.

Thus, option (a) is correct. The cash and currency in circulation is the most liquid form of money.

Learn More:

1. Learn more about the competitive market

<u>brainly.com/question/11042749 </u>

2. Learn more about the interest rate

<u>brainly.com/question/8589744 </u>

3. Learn more about the investment  

<u>brainly.com/question/2396327 </u>

Answer Details:

Grade: Middle school

Chapter: Liquidity

Subject: Business studies

Keywords: most, liquid, form, money, cash, currency, circulation, investment, accounts, savings, accounts,  demand, accounts.

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katovenus [111]

The type of consumer product that this represent is: Specialty product.

<h3>What is specialty product?</h3>

A specialty product is a consumer product that a person tend to buy or purchase because the product are specially made or because the buyer like the unique features of the product.

A consumer may choose to spend heavily on a product  that are more expensive or tend to  buy a particular products or brand because they like the product or because the product gives them what they want.

Inconclusion the type of consumer product that this represent is: Specialty product.

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8 0
2 years ago
In the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level
Katarina [22]

If in the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level of jobs; The best way to demonstrate this is:<u> B. finishing projects.</u>

<h3>What is skills?</h3>

Skills can be defined as the abilities a person possess that enables them to finish or complete a task. A person with skills can tend to do well on a job based on the fact that they will have to make use of their skills  by ensuring that the assign task are done perfectly.

Finishing project is the best way to demonstrate that he has the required skills that is needed for him to move to the next level of the job based on the fact finishing a project successfully takes proper or adequate planning and actions.

Therefore the best way to demonstrate this is:<u> B. finishing projects.</u>

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5 0
1 year ago
Marginal social cost is defined as:_____.
Alika [10]

Marginal social cost is defined as the marginal private cost plus the opportunity cost.

When an extra or additional unit of a good or service this produced brings about a change in society's total cost. This change in society's total cost is called marginal social cost. This includes both the opportunity cost and the marginal private cost. So it is the total of the private cost and the external cost that the person has to pay.

Marginal private cost is the change in the total cost of the producer due to the production of an additional unit of a good or service. This cost is also known as the marginal cost of production For example if the production of a person's costs rises from$1,000 to $1,050 due to the production of this one good being produced for $50 is known as the marginal private cost.

The opportunity cost is the benefit the person would have gotten if he would have invested the money elsewhere. For example, if the person has an extra $50. He can either invest it in the business or he can invest it in the bank and get the interest. The interest money that the person has to forgo is called the opportunity cost.

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8 0
1 year ago
When authorizing bonds to be issued, the board of directors does not specify the
netineya [11]

The Board of Directors does not define the selling price when authorizing the issuance of bonds.

An executive body that jointly manages an organization's activities is called a board of directors. This group could be a business, a nonprofit, or a government entity. It could also be for-profit. The board of directors' responsibilities and authority are governed by governmental regulations as well as the organization's own bylaws and constitution. These authority may specify the number of board members, how they will be chosen, and how frequently they will meet. The board of such an organization is accountable to and may be subordinate to the entire membership, who normally elect the board members in organizations with voting members. In a stock corporation, non-executive directors are elected by the shareholders, and the board has the following authority.

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3 0
1 year ago
When your father was born 48 years ago, his grandparents deposited $250 in an account for him. Today, that account is worth $36,
ki77a [65]

Answer:

10.94%

Explanation:

Your father was born 48 years ago

His grandfather deposited $250 in an account for him

Today the money is worth $36,500

The annual rate of his return can be calculated as follows

= 36500/250 ×1/48= (1+r/100)

= 146^0.020833= (1+r/100)

= 1.1094-1

= 0.10940×100

= 10.94%

6 0
3 years ago
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