Firms and Businesses Hold Some of Their Assets in the Form

question 287

Multiple Choice

Firms and businesses hold some of their assets in the form of money because:

• A)it allows them to make purchases directly.
• B)it is a form of M2.
• C)bonds are more liquid.
• D)interest rates on money tend to be lower than other types of assets.

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Definitions:

Kelly

This could refer to a person's name or a specific concept named after an individual named Kelly. Without further context, a more specific definition is not possible.

Personality Attribute

A characteristic or quality that defines or contributes to an individual's distinct personality, such as traits, behaviors, and attitudes.

Locus Of Control

A psychological concept that refers to individuals' beliefs about the extent to which the outcomes of their actions are under their own control (internal locus) or beyond their control and determined by external forces (external locus).

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.