Principles of Macroeconomics 7th Edition

Published by South-Western College
ISBN 10: 1-28516-591-8
ISBN 13: 978-1-28516-591-2

Chapter 16 - The Monetary System - Questions For Review - Page 342: 1

Answer

Money is different from assets because it has a high liquidity.

Work Step by Step

This is the definition of money in terms of liquidity.
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