Author Question: Liquidity refers to A) the number of times a dollar changes hands in the creation of GDP in an ... (Read 63 times)

leilurhhh · **on:** Jun 29, 2018

Liquidity refers to

A) the number of times a dollar changes hands in the creation of GDP in an economy.
B) the number of shares of stock a corporation issues.
C) the ease with a stock can be traded for a bond.
D) the ease with which a financial security can be traded for cash.

Question 2

Refer to Figure 3-1. If the product represented is a normal good, an increase in income would be represented by a movement from

A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.