What is meant by liquidity define liquidity and explain why


What is meant by liquidity? Define liquidity and explain why it is an essential aspect of your household budgets immediate need or emergency fund ( 200 words). The USA used cash (paper money) as legal tender or fiat money. Define Fiat money (minimum 50 words) explain why it is a good ( 50 words) and bad ( 50 words)

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Financial Management: What is meant by liquidity define liquidity and explain why
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