A. very liquid asset which can be easily converted into money
B. currency in circulation and demand deposit
C. note and coins
D. fixed assets which cannot be converted into money
E. the total money supplied in the economy
Correct Answer:
Option A – very liquid asset which can be easily converted into money
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![an observer hears an echo 1.26 seconds after blowing a whistle near a cliff. calculate the distance of the observer from the cliff. [speed of sound in air = 330ms-1]](https://erudites.ng/wp-content/plugins/contextual-related-posts/default.png "an observer hears an echo 1.26 seconds after blowing a whistle near a cliff. calculate the distance of the observer from the cliff. [speed of sound in air = 330ms-1]")
