Liquidity refers to how:
A. easy an asset is to convert immediately to cash without losing value.
B. quickly the same dollar changes hands in the economy.
C. easy money converts to assets in an economy.
D. quickly the average household spends its disposable income.
Answer: A
You might also like to view...
Suppose a decrease in the supply of wheat results in an increase in revenue. This indicates that
A) the demand curve for wheat must be vertical. B) the resulting increase in price is proportionately greater than decrease in quantity sold. C) the decrease in quantity sold is proportionately larger than the resulting change in price. D) the supply curve for wheat must be vertical.
Over 20% of high school dropouts are under the poverty line
Indicate whether the statement is true or false
In the above figure, if this natural monopolist were unregulated, the profit maximizing firm would sell the product at the price
A) A. B) B. C) C. D) F.
Total physical product is maximized if marginal physical product is zero
a. True b. False Indicate whether the statement is true or false