Multiple Choice QuestionWhich of the following are not liquid assets?Multiple choice question.checking accountcashsavings accountreal estate investment

The correct answer is "real estate investment".

Step 1: Understand the question. The question is asking which of the options is not considered a liquid asset.

Step 2: Understand what a liquid asset is. A liquid asset is something you own that can quickly and simply be converted into cash while maintaining its market value.

Step 3: Evaluate each option.

• Checking account: This is a liquid asset because you can easily withdraw money from it.
• Cash: This is the most liquid asset because it is already in its simplest form.
• Savings account: This is also a liquid asset because, like a checking account, you can easily withdraw money from it.
• Real estate investment: This is not a liquid asset. While you can sell real estate and convert it to cash, the process is not quick or simple. It can take months to sell real estate, and its market value can change significantly in that time.

So, the answer is "real estate investment".