An Asset That Can Easily Be Exchanged for Goods and Services

question 124

Multiple Choice

An asset that can easily be exchanged for goods and services is referred to as:

• A) an intangible asset.
• B) a productive resource.
• C) a liquid asset.
• D) a fixed asset.
• E) a scarce resource.

---

Definitions:

Mean Absolute Deviation

A statistical measure of the average absolute deviations from a central point, typically the mean or median.

Entrepreneurship Professor

An academic instructor who specializes in teaching, researching, and mentoring students in the field of entrepreneurship and business creation.

Class Enrollment

The process of registering or signing up for academic classes within an educational institution.

Bias

A tendency, inclination, or prejudice towards or against something or someone, often considered unfair.