An asset's Blank______ is the ease with which it can be converted quickly into physical or electronic cash, with little or no loss of purchasing power.

Question

An asset's Blank______ is the ease with which it can be converted quickly into physical or electronic cash, with little or no loss of purchasing power.
Multiple choice question.

liquidity

security

intrinsic value

extrinsic value

GPT-4o mini · Answer

The correct answer is **liquidity**.