Simplify Each Term, If Necessary, and Then Use the Distributive

question 36

Short Answer

Simplify each term, if necessary, and then use the distributive property to combine terms, if possible.

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Definitions:

Liquidity

Measures the ease with which an asset can be converted into cash without significantly affecting its price.

Speculative Motive

The need to hold cash to take advantage of additional investment opportunities, such as bargain purchases.

Liquidity

The ability of an asset to be converted into cash quickly and without any significant loss in value.

Cyclical Activities

Economic or business activities that are affected by the ups and downs of the economy, showing a tendency to rise and fall in response to economic cycles.