Economics · Money and Banking
What is the descending order of assets based on liquidity?
- 1Time deposits, Corporate securities, Demand deposits, Currency
- 2Corporate securities, Demand deposits, Time deposits, Currency
- 3Currency, Demand deposits, Corporate securities, Time deposits✓
- 4Demand deposits, Currency, Corporate securities, Time deposits
Correct answer
Currency, Demand deposits, Corporate securities, Time deposits
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