The ease with which an asset can be converted into a medium of exchange is known as:

a. volatility.
b. liquidity.
c. currency.
d. speculative exchange.

b

Economics

You might also like to view...

Sectoral shifts contribute to structural unemployment

a. True b. False Indicate whether the statement is true or false

Economics

The rate at which a consumer is willing to trade off one good for another is called the __________

Fill in the blank(s) with correct word

Economics