If an asset is considered liquid, then it:
A. can be sold quickly for cash without much loss of value.
B. cannot be sold quickly for cash without much loss of value.
C. can be sold quickly for cash, but tends to lose value.
D. can easily be traded for other assets.
A. can be sold quickly for cash without much loss of value.
You might also like to view...
Producers' total revenue will increase if
A) income increases and the good is an inferior good. B) the price rises and demand is elastic. C) the price rises and demand is inelastic. D) income falls and the good is a normal good.
"Mere size is no offense" is an antitrust ruling based on the rule of reason
a. True b. False Indicate whether the statement is true or false
A life insurance company requires new applicants to have a medical exam prior to writing the insurance policy. This requirement is an example of
a. signaling. b. screening. c. moral hazard. d. adverse selection.
A centrally planned economy encourages investment and innovation.
Answer the following statement true (T) or false (F)