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Principles of Investment

Question 11 • SNHS NV-Civics and Economics

Investments with less liquidity include .

Answer
A
checking accounts
B
personal property
C
mutual funds

Explanation

Liquidity is how quickly and easily an asset can be converted to cash. Personal property, such as a car or furniture, may take time to sell, so it is less liquid than money in a checking account or shares in a mutual fund. The correct choice is personal property.

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