Author Question: A highly liquid asset A) generally has a very limited market for its resale. B) has high ... (Read 66 times)

tichca · **on:** Jun 30, 2018

A highly liquid asset

A) generally has a very limited market for its resale.
B) has high transaction costs associated with its sale.
C) must be held for a substantial period of time.
D) can be disposed of easily without loss of value.

Question 2

The Keynesian short-run aggregate supply curve

A) reflects the fact that real GDP is supply-determined.
B) reflects the fact that real GDP does not vary with changes in aggregate demand.
C) is vertical.
D) is horizontal.