Rank these three account types in order of decreasing liquidity. Start by picking the most liquid account type first

Question

Jazlene Harper

Computers & Technology

3 July, 02:20

Rank these three account types in order of decreasing liquidity. Start by picking the most liquid account type first

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Ximena Atkins · Answer 1

As there are no options given, I will simply mention the three most liquid accounts in order:

1. Checking Account

2. Savings Account

3. Money Market Deposit Account

Account liquidity refers to the ease and comfort with which you can take your money out of an account from a bank, there are various bank accounts which can be referred to as liquid assets.