Of the Items in the Following Lists, Which Go from Most

question 65

Multiple Choice

Of the items in the following lists, which go from most liquid to least liquid?

• A) a checking account, a new vehicle, a six-month certificate of deposit, shares of stock
• B) a six-month certificate of deposit, shares of stock, a new vehicle, a checking account
• C) a checking account, a certificate of deposit, shares of stock, a new vehicle
• D) a new vehicle, a six-month certificate of deposit, shares of stock, a checking account

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Definitions:

Common Stock

An ownership stake in a corporation that provides the shareholder with voting capabilities and a claim on the company's profits through dividends.

Stock Of Small Firms

Stock Of Small Firms refers to the equity securities issued by companies with a small market capitalization, often characterized by higher volatility and potentially higher growth prospects than larger companies' stocks.

Canadian Common Stocks

Shares of ownership in Canadian corporations that represent a claim on the company's earnings and assets.

Rate Of Inflation

The increase speed of overall service and product prices, which in turn, lowers the capacity to make purchases.