An Asset Is Liquid If It

question 137

Multiple Choice

An asset is liquid if it

• A) is of intrinsic value.
• B) can be exchanged for other goods and services.
• C) is a store of value.
• D) can be obtained or disposed of without losing much of its nominal value.

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Definitions:

Basic Emotions

Emotions that are universal in humans, appear early in life, and are thought to have a long evolutionary history; includes happiness, interest, surprise, fear, anger, sadness, and disgust.

Emotional Expression

The way individuals display their emotions through facial expressions, gestures, and vocal tones.

Cultures

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people that are passed down from generation to generation.

Newborns

Infants in their initial stage of life, immediately after birth, focusing on adaptation to the external environment outside the womb.