The Most Useful Measure of an MNC's Liquidity Is Its

question 46

Multiple Choice

The most useful measure of an MNC's liquidity is its:

• A) cash balance.
• B) amount of securities held as investments.
• C) political risk rating.
• D) potential access to funds.

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Definitions:

Tax Receipts

The total collected income from taxes by a government during a specified period.

Public Debt

The total amount of money that a government owes to creditors, both domestic and foreign, also known as national or government debt.

Federal Budget Deficit

The federal budget deficit occurs when a government's expenditures exceed its revenues within a fiscal year, leading to borrowing or debt accumulation.

Federal Budget Surplus

A situation in which the government's revenue exceeds its expenditures during a fiscal year.