WAEC Economics 2023 Objective — Question 38
Question 38 of 50 from the West African Examinations Council (WAEC) Economics 2023 Objective paper, with the correct answer and a full explanation.
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The most liquid asset among the following is A. shares. B. bonds. C. cash. D. cheque.
- A. shares
- B. bonds
- C. cashCorrect
- D. cheque
Explanation
The easier the acceptance of an asset, the more liquid it is; cash is generally acceptable by all, making it the most liquid asset.
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