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Based on the amount of liquidity of the markets, provide two (2) reasons and support your reason for each market. (25 marks) Highly liquid: Stock

Based on the amount of liquidity of the markets, provide two (2) reasons and support your reason for each market. (25 marks)

Highly liquid: Stock market Reason 1:

Explanation for reason 1:

Reason 2:

Explanation for reason 2:

Moderately liquid: Car market

Reason 1:

Explanation for reason 1:

Reason 2:

Explanation for reason 2:

Less liquid: Resale housing market

Reason 1:

Explanation for reason 1:

Reason 2:

Explanation for reason 2:

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