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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #349702
Introduction to Economics 2 Deneme Sınavı Sorusu #349702
Which of the following is defined as an asset which has a high liquidity but cannot be used directly in payments?
Commodity money
|
Near money
|
Demand deposits
|
Liquidity |
Fiat money |
Yanıt Açıklaması:
The possibility and speed of conversion for these type of assets to currency or demand deposit is called as liquidity. Considering the full liquidity of money, many financial assets may have this property more or less, even not exactly. When considering the liquidity property, it is not easy to distinguish monetary things and non-monetary things. This kind of assets having a high liquidity but not used in payments directly are called as near (or quasi) monies.
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