The less liquid markets are:
A)the less willing people are to save,and the higher the interest rates.
B)the more willing people are to save and the higher the interest rates.
C)the less willing people are to save,and the lower the interest rates.
D)the more willing people are to save,and the lower the interest rates.

Question

Quizplus · Accepted Answer

Less liquid markets make it harder to convert assets to cash, leading to less willingness to save and higher interest rates to compensate for the risk.

The Less Liquid Markets Are