Liquid assets must have a reasonably stable price so that the market is deep enough to absorb the sale without a significant loss of value.

Question

Quizplus · Accepted Answer

This statement is true. Liquid assets are assets that can easily be converted into cash, without causing a significant impact on the asset's price. In order for an asset to be liquid, it must have a reasonably stable price so that buyers and sellers can enter and exit the market without causing a significant change in its value. This ensures that the market is deep enough to absorb the sale without a significant loss of value.

Liquid Assets Must Have a Reasonably Stable Price So That