Liquid Assets That Are Close Substitutes for Money Are Known

question 113

Multiple Choice

Liquid assets that are close substitutes for money are known as

• A)near moneys.
• B)far moneys
• C)deposits.
• D)None of the above is correct.

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Definitions:

Urbanization

The process by which towns and cities are formed and become larger as more people begin living and working in central areas.

European City

Refers to urban centers located within the continent of Europe, characterized by historical architecture, cultural heritage, and modern urban living.

New York

A state in the northeastern U.S., known for its cultural, financial, and commercial importance, particularly in its largest city, New York City.

Immigrants

Individuals who move from one country to another with the intention of settling or residing there.