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Author Question: Liquidity refers to A) the number of times a dollar changes hands in the creation of GDP in an ... (Read 25 times)

leilurhhh

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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.


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brittiany.barnes

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


leilurhhh

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

blakcmamba

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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