In the List of Assets Below, Which Is the Most

question 497

Multiple Choice

In the list of assets below, which is the most liquid?

• A) a one-ounce gold coin
• B) $500 worth of Ford Motors bonds
• C) $500 worth of Ford Motors common stock
• D) a $500 travelerʹs check

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Definitions:

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritizes human needs from basic physiological needs to self-actualization.

Physiological Needs

Basic physical requirements essential for human survival, such as food, water, shelter, and sleep, considered the foundation of Maslow's hierarchy of needs.

Lower-order Needs

Basic human needs in Maslow’s hierarchy, such as physiological and safety needs, which must be satisfied before higher-order needs can be pursued.

Maslow's Hierarchy of Needs Theory

A psychological theory that categorizes human needs into a five-level pyramid, starting from basic physiological needs to self-actualization.