Question: The implication is that it is easy keep up with taxes and inflation with liquid assets. Therefore, not only should the amount needed for financial
The implication is that it is easy keep up with taxes and inflation with liquid assets. Therefore, not only should the amount needed for financial emergencies and shortterm goals be placed in liquid cash assets but additional funds should also be invested here.
B
The implication is that it is difficult to do any more than keep up with taxes and inflation with liquid assets. Therefore, only the amount needed for financial emergencies and shortterm goals should be placed in assets with such a low riskreturn ratio. Additional funds should be invested elsewhere for a higher return.
C
The implication is that it is difficult to do any more than keep up with taxes and inflation with money market account investments so these funds should be put in higheryielding investments like stocks and longterm bonds.
D
No implication can be drawn from this information.
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