11. Liquidity is defined as a. the cash value of fiat money. b. the value of fiat...
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11. Liquidity is defined as
a. the cash value of fiat money.
b. the value of fiat money when used to buy a good or service.
c. the speed at which money is spent.
d. the ease with which money can be divided to make payments.
e. the ease with which an asset can be converted into cash.
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