An asset is considered illiquid if Can be easily converted to money Cannot be easily converted to money Bears low interest rate Is associated with love returns The stated objective of governments around the world is to Restrain company profits Maximize payoffs for government officials Maximize social welfare Maximize costs One of the important reasons live fed cannot provide directly loans to businesses and consumers is The low interest rate they can charge for firms and consumers Asymmetric information due to difficult to observe creditworthiness of business and consumers the low profitability of consumer and business loans None of the above Money is used as Unit of account Medium of exchange To store value All of the above You bought a stock for $150 and after one year its price is S156 and you also get a dividend of $9. Therefore the rate of return for the stock is 6% 8% 10% 12% In 2007. the currency exchange rates were 120 = $1. In November of 2008