Liquidity refers to Select one: a. the measurement of the durability of a good. b. how many time a dollar circulates in a given year. c. the ease with which an asset is converted to the medium of exchange. d. the measurement of the intrinsic value of commodity money.

Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a