How would you define the liquidity of an asset, measure this liquidity, and to what uses can

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How would you define the liquidity of an asset, measure this liquidity, and to what uses can your definition have relevance? Compare your definition with one other definition or measure of liquidity and outline its strong and weak points.

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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