Final answer:
You can access your funds easier if your account has more liquidity. Liquidity is the ability to quickly and easily convert assets into cash or pay for services, with cash being an example of a highly liquid asset. Higher monetary aggregates like M2 represent less liquid forms of money than M1. option b is answer
Step-by-step explanation:
You can access your funds easier if your account has more liquidity. Liquidity refers to the ease with which you can convert financial assets into cash or use them to make a purchase. High liquidity means that the asset can be quickly and easily converted without a significant loss in value.
Cash, for example, is highly liquid because it can be used immediately to buy goods or services. In contrast, assets in a savings account have less liquidity because they may require a trip to the bank or an ATM machine to access the funds.
​Monetary aggregates provide a measure of money supply and liquidity. Easy to remember: the higher the monetary aggregate number, like M2, the less liquid the form of money. Conversely, M1, which includes cash and checking accounts, is more liquid. Savings accounts, while still considered money, are less liquid than checking accounts due to restrictions like withdrawal limits or waiting periods after a deposit. option b is answer