The measure of how easily a particular asset can be converted quickly to cash without much loss of value is called:
A. liquidity.
B. risk.
C. intermediation.
D. default line.
A. liquidity.
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Suppose that there are only three consumers of a product. At a price of $6 per unit, the first consumer would buy 12 units of the product, the second consumer would buy 8 units, and the third consumer would buy 3 units of the product
If you drew a market demand curve for this product, the quantity demanded at a price of $6 would be A) 23 units. B) 20 units. C) 12 units. D) 11 units.
The growth primary growth stimulus provided to the economy through monetary policy comes from the ___________ sector.
A. government B. business C. consumer D. import/Export
Does government borrowing crowd out private sector spending?
What will be an ideal response?
If supply of a product increases and demand for the product decreases, equilibrium price will definitely change.
Answer the following statement true (T) or false (F)