MCQOPTIONS
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| 1. |
What does liquidity mean? |
| A. | It means how cash is converted into gold. |
| B. | It means how cheaply and quickly an asset is converted into cash. |
| C. | It means how cash is converted into SDR (Special Drawing Rights). |
| D. | It means how uncertain the money market conditions are. |
| Answer» C. It means how cash is converted into SDR (Special Drawing Rights). | |