Money is

Question

a. not the most liquid asset but a perfect store of value.
b. the most liquid asset but an imperfect store of value.
c. the most liquid asset and a perfect store of value.
d. neither the most liquid asset and nor a perfect store of value.

Answer 1

The correct answer is: b. the most liquid asset but an imperfect store of value.

Money is considered the most liquid asset because it can be easily used for transactions. However, it is often seen as an imperfect store of value due to factors like inflation, which can erode its purchasing power over time.