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Likurg_2 [28]
2 years ago
5

What was the importance of a cash economy?

History
1 answer:
BaLLatris [955]2 years ago
8 0

Answer:

Cash is the most liquid asset and can be used immediately to perform economic actions like buying, selling, or paying debt, and meeting immediate wants and needs. Bank can attract significant liquid funds to generate stronger profits, more stability, and more confidence among depositors, investors, and regulators.

Explanation:

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