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Liquidity Of Cash And Non-Cash Money

Table 6:

Liquidity of various forms of money
Absolute liquidity Cash, banknotes, treasury notes, subsidiary money, government securities (their market prices change insignificantly and they can be easily sold in financial markets).
High liquidity Bank deposit money, bank bills, payment orders, credit cards, e-money, traveler’s cheques
Low liquidity Time deposit and on-demand account money (it returns bank deposit interest).
Lack of liquidity Real estate (houses, premises) due to changing market prices and high costs.
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