Examlex
Give two examples of how the field of genetics has revolutionized biological science.
Liquidity
The ease with which an asset can be converted into cash without significantly affecting its price, reflecting the ability of a company or individual to meet immediate and short-term obligations.
Precautionary Motive
The desire to hold cash or other liquid assets to meet unexpected needs and financial emergencies.
Financial Slack
The availability of excess funds or resources in a company that allows for flexibility in operations, strategic investments, or weathering financial uncertainties without immediate financial stress.
Keynes
Refers to John Maynard Keynes, a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and economic policies of governments.
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