In other words, any mixture of liquid assets will be classified as money as long as this mixture passes the correlation test. |
There are no liquid assets aside from money, unless there is a central bank. |
He said the ratio of liquid assets to total deposits and short term liabilities was above the minimum prudential norm of 50 per cent. |
Most of the wealth has shifted into liquid assets, as uncertain investors stay out of the markets. |
Borrowers will also desire less debt, since balance sheet liquidity is a concept in which debt is netted against liquid assets. |
At the same time, greatly heightened demand for safe and liquid assets encouraged shifts from equity markets into deposit assets. |