Liquidity
A) is the property of money being instantly convertible into assets.
B) increases when a consumer has more credit cards.
C) is how quickly an asset loses its worth.
D) is the property of assets being instantly convertible into money.

Question

Quizplus · Accepted Answer

Liquidity refers to how quickly and easily an asset can be converted into cash without significantly affecting its value. Option D accurately describes this concept, emphasizing the ease of converting assets into money.