<PAGE>
CONSENT OF INDEPENDENT AUDITORS
We consent to the use in this Post-Effective Amendment No. 38 to Registration
Statement No. 811-2575 of Morgan Stanley Dean Witter Liquid Asset Fund Inc.
on Form N-1A of our report dated October 6, 2000, appearing in the Prospectus
and incorporated by reference in the Statement of Additional Information, and
to the references to us under the captions "Financial Highlights" in the
Prospectus and "Custodian and Independent Auditors" and "Experts" in the
Statement of Additional Information, both of which are part of such
Registration Statement.
Deloitte & Touche LLP
New York, New York
October 18, 2000