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.

Economics

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On which kinds of goods do governments generally place price ceilings?

What will be an ideal response?

Economics

Politicians have an incentive to favor short-run policies because _____

a. because voters suffer from myopia b. of special interests c. they may be voted out of office before long-run policies bear fruit d. of rational ignorance

Economics