It is not unusual to find a business that displays a signsaying “no personal checks, please.” On the basis of thisobservation, comment on the relative degree of liquidityof a checking account versus currency

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter12: Money And Banking
Section: Chapter Questions
Problem 10E
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It is not unusual to find a business that displays a sign
saying “no personal checks, please.” On the basis of this
observation, comment on the relative degree of liquidity
of a checking account versus currency

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