The American Wind Energy Association argues for additional government support because windgenerated electricity creates more employment per kilowatt-hour than the alternatives: 27 percent more jobs than coal and 66 percent more than natural gas. Is this a sound economic argument for increased use of wind power? If the jobs created pay similar wages, what does the statement imply about the cost of generating energy with wind power relative to coal and natural gas?

*1. What is meant by the statement, “This asset is illiquid”? List some things you own and rank them from most liquid to most illiquid.