Liquidity Is the

Multiple Choice

Liquidity is the

A) degree to which an asset acts as money without a loss of value.
B) ease with which an asset can be converted into a means of payment with little or no loss of value.
C) degree to which money can be converted into an asset with little or no loss of value.
D) ease with which a means of payment can be converted into an asset with little or no loss of value.