Knowee
Questions
Features
Study Tools

Multiple Choice QuestionCertificates of deposit, real estate, and collectible antiques Blank______.Multiple choice question.are very liquidare not considered liquidare considered liquid

Question

Multiple Choice QuestionCertificates of deposit, real estate, and collectible antiques Blank______.Multiple choice question.are very liquidare not considered liquidare considered liquid

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct answer is "are not considered liquid".

Step 1: Understand the question. The question is asking about the liquidity of certain assets - certificates of deposit, real estate, and collectible antiques.

Step 2: Understand the options. Liquidity refers to how quickly an asset can be converted into cash without affecting its market price.

Option 1: "are very liquid" - This would mean that these assets can be quickly and easily converted into cash.

Option 2: "are not considered liquid" - This would mean that these assets cannot be quickly and easily converted into cash.

Option 3: "are considered liquid" - This is similar to option 1, suggesting that these assets can be quickly and easily converted into cash.

Step 3: Choose the correct answer. Certificates of deposit, real estate, and collectible antiques are not typically considered liquid assets. While a certificate of deposit can be cashed out, it often comes with penalties for early withdrawal. Real estate and collectible antiques can take a significant amount of time to sell, and their value can fluctuate based on the market. Therefore, the correct answer is "are not considered liquid".

This problem has been solved

Similar Questions

Multiple Choice QuestionWhich of the following are not liquid assets?Multiple choice question.checking accountcashsavings accountreal estate investment

Which asset would you classify as being most liquid?ademand depositsbsmall-time depositsca homedgold bullion

Multiple Choice QuestionWhich of the following is a more liquid investment?Multiple choice question.certificate of depositmutual fundsavings accountgovernment bond

Which of the following has highest level of liquidity?a. Mutual Fundsb. Fixed depositc. Real estated. Gold

Multiple Choice QuestionReal estate is considered to have a low Blank______ factor.Multiple choice question.liquiditysafetyincomegrowthrisk

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.