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Most People Take Longer to Identify a Platypus as a Mammal

question 53

Multiple Choice

Most people take longer to identify a platypus as a mammal than it takes them to identify a cat as a mammal.This is likely because a cat is closer to most people's _______________ for the concept of mammal.


Definitions:

Precautionary Motive

The need to hold cash as a safety margin to act as a financial reserve.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Planned Expenditures

Forecasted spending for specific purposes within a certain time frame, often categorized into operating or capital expenditures.

Cash Surpluses

Occurs when a company has more cash inflow than outflow, leading to excess liquidity.

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