Because of their ________ liquidity, ________ U.S. government securities are called secondary reserves.
A) low; short-term
B) low; long-term
C) high; short-term
D) high; long-term
Answer: C
Because of their ________ liquidity, ________ U.S. government securities are called secondary reserves.
A) low; short-term
B) low; long-term
C) high; short-term
D) high; long-term
Answer: C