Liquidity is
A. The opportunity cost of purchasing a bond.
B. Low for cash.
C. Not important for bondholders.
D. The ability of an asset to be converted to cash.
Answer: D
You might also like to view...
Refer to Table 7-1. Use the table above to select the statement that accurately interprets the data in the table
A) Rob has a comparative advantage in picking berries. B) Bill has a comparative advantage in catching fish. C) Rob has a comparative advantage in catching fish and picking berries. D) Bill has a comparative advantage in picking berries.
Resource-Advantage Theory developed by Shelby Hunt includes the ideas of family competence or household competence and that __________ is part of family resource management
a. Competition b. Cooperation c. Companionship d. Cognition
The triple-A corporate bond rate is the rate that ________ on bonds that they issue.
A. commercial banks pay B. the government pays C. the Fed pays D. the least risky firms pay
The new growth theory's comparison of the economy to a perpetual motion machine implies that
A) overpopulation will eventually overtake the resources of the planet. B) technology changes just happen. C) permanent growth is not possible. D) the economy will forever create and destroy jobs. E) labor productivity has no influence on the economy.