Question
The term liquidity refers to
A: how quickly money can be exchanged.
B: the true monetary value of an investment.
C: the shifting supply of money in the economy.
D: how much wealth an individual has amassed.
A: how quickly money can be exchanged.
B: the true monetary value of an investment.
C: the shifting supply of money in the economy.
D: how much wealth an individual has amassed.
Answers
GPT-4o mini
The term liquidity refers to:
**A: how quickly money can be exchanged.**
Liquidity describes the ease with which an asset can be converted into cash without significant loss in value.
**A: how quickly money can be exchanged.**
Liquidity describes the ease with which an asset can be converted into cash without significant loss in value.