What do you understand by the term: “illiquid assets” or the phrase “This asset is illiquid” … List some things you own and rank them from most liquid to most illiquid (Things that I own: Automobile, Home, Land, 401K, Cash, Stocks, Savings/Checking account)
Looking ahead, what form will money take 40 years from now? What is the most important functional role that money plays in the economy? What role should the government play in Banking regulations, if at all needed, justify your response.
