It is not unusual to find a business that displays a sign saying no personal checks, please.

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It is not unusual to find a business that displays a sign saying "no personal checks, please." On the basis of this observation, comment on the relative degree of liquidity of a checking account versus currency.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 03:55 AM

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It is not unusual to find a business that displays a sign saying no personal checks, please.

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The degree of liquidity of an asset is measured by considering how much time and effort ie transac...View the full answer

The Economics of Money Banking and Financial Markets

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