A measure of "liquidity" for a stock market is

Question

Quizplus · Accepted Answer

The turnover ratio and the ratio of stock market transactions over a period of time divided by the size, or market capitalization, of the stock market are both measures of liquidity for a stock market. Therefore, the best choice is D, which includes both options A and B. The LIBOR rate, on the other hand, is a benchmark interest rate that measures the cost of borrowing between banks and not a measure of liquidity for a stock market.

A Measure of "Liquidity" for a Stock Market Is