Economy, asked by simusachinshantoo, 5 months ago

What is the asset near the currency

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Answered by Anonymous

Near money is a financial economics term describing non-cash assets that are highly liquid and easily converted to cash. Near money can also be referred to as quasi-money or cash equivalents. The nearness of nearmoneys is important for determining liquidity levels

Answered by masterrrrrrr

Answer:

Near money is a financial economics term describing non-cash assets that are highly liquid and easily converted to cash. Near money can also be referred to as quasi-money or cash equivalents. The nearness of near moneys is important for determining liquidity levels.

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