Financial Assets and Money- Macro 4.1 and 4.3

The video introduces key financial vocabulary, explaining the differences between income and wealth, assets and liabilities, and government budgeting concepts like surplus and deficit. It covers financial assets, focusing on liquidity, loans, bonds, and stocks, and concludes with a brief overview of future topics like money and banking.

Explain the concept of liquidity in financial assets.

What are the key differences between loans, bonds, and stocks?