Most Art and Antiques Are _____, and the Transaction Costs

question 68

Multiple Choice

Most art and antiques are _____, and the transaction costs are ____ compared to those of financial assets.

• A) illiquid; low
• B) illiquid; high
• C) liquid; low
• D) liquid; high
• E) correlated to bonds; high

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Definitions:

Reflexive Behavior

Automatic responses or actions triggered without conscious thought, typically as a physiological reaction to stimuli.

Neurological Deficit

A measurable impairment in the functioning of the nervous system, affecting sensory and motor abilities.

Paid Maternity Leave

Employment benefit that provides pay to women during a period of absence from work in the weeks before and after childbirth.

Breast-Feeding

The feeding of babies and young children with milk directly from female human breasts rather than from a baby bottle or other container.