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In Disruptive Selection

question 220

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In disruptive selection,


Definitions:

Barter

Trading goods or services directly without the use of money as a medium of exchange.

Demand Deposits

Balances in bank accounts that depositors can access on demand by writing a check.

Liquid

In financial terms, describes assets that can be easily converted into cash without much loss in value.

Demand Deposits

Accounts held in banks that can be withdrawn at any time without any advance notice to the financial institution.

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