The Distinction Between M₁ and M₂ Is Based on

question 146

Multiple Choice

The distinction between M₁ and M₂ is based on

• A)portability-the ease with which an asset can be moved.
• B)divisibility-the ease with which an asset can be used to make smaller payments.
• C)liquidity-the ease with which an asset can be converted into cash.
• D)storability-how long an asset will retain its value.

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