Stocks and bonds are considered to be highly illiquid assets while real estate is considered to be a liquid asset
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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All of the following are characteristics of allocation by rationing EXCEPT
a. lack of fairness. b. high administrative cost. c. efficiency. d. diminished incentive for workers.
Economics
If a bank has $100 million in assets and a net worth of $10 million, its debt-to-equity ratio is:
A. 10 to 1. B. 0.1 to 1. C. 9 to 1. D. 5 to 1.
Economics