An illiquid asset is one that is _______ but _______.
A. worth a lot in the future; can be sold today at its expected future price
B. worth a lot in the future; can only be sold today at a low price
C. worth a lot right now; not worth that much in the future, when it can be sold.
D. worth a lot right now; cannot be sold until the future, when its value will be higher
Ans: B. worth a lot in the future; can only be sold today at a low price
Economics