Liquidity Is the Speed and Ease with Which an Asset

question 25

True/False

Liquidity is the speed and ease with which an asset can be converted to cash.

---

Definitions:

Henry George

An American political economist and journalist who advocated for the "single tax" on land to improve social equity.

Single-Tax Movement

A political and economic ideology advocating for a tax system based solely on land value.

Henry George

A 19th-century American economist and social reformer known for his advocacy of a single tax on land value.

Resource Allocation

The process of assigning and managing assets and resources in the most efficient way to meet organizational or economic objectives.