Using the functions of money along with the concept of liquidity and the forms of measuring money, consider the following items and order them from most money-like to least money-like. (number 1 to 10)

 

-A widely accepted, major credit card (such as a Visa, Mastercard, American Express, or Discover Card.)

-One Bitcoin

-Food Stamps (SNAP)

-Grocery store coupons

-Gold jewelry

-Silver (.999) or gold coins

-Funds in a savings account or funds in a Money Market or Certificate of Deposit account with fees (penalties for early withdrawal)
-A $20 bill

-100 shares of Google stock in a standard brokerage account

-Funds in a checking account

Answer rating: 100% (QA)

Solution This is an interesting question that requires some understanding of the functions and forms of money According to the web search results money is anything that can serve as a medium of exchan... View the full answer