Liquidity is variable, depending on the nature of the asset.

Name: Liquidity is variable, depending on the nature of the asset.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Liquidity refers to the ease with which an asset can be turned into cash. The level of liquidity varies depending on the type of asset. For example, cash is considered the most liquid asset, while real estate may take longer to sell and therefore be less liquid.

Liquidity Is Variable, Depending on the Nature of the Asset