Magnitude and Intensity measure different characteristics of earthquakes. Magnitude measures the energy released at the source of the earthquake. Magnitude is determined from measurements on seismographs. Intensity measures the strength of
shaking produced by the earthquake at a certain location. So you might feel a 7.0 differently in different areas the same distance from the epicenter, even though the magnitude is the same.
Intensity is also determined by reports from people as to what they felt. Very subjective, but valuable info. If you look on the USGS website, they always have a part asking people to report what they felt and observed during an earthquake. The name for this particular scale is the Modified Mercalli Intensity Scale, and the Richter measures the magnitude.
As for liquefaction, yes, Anchorage is going to see more intensity and damage from an earthquake because of that than would Hawaii. Incidentally, SLC is also at high risk for the same reason. In one of my geology classes, I asked the prof about how W. Colorado would fare if SLC had a big quake. He said a lot of E. Utah wouldn't see much damage, but when the waves got to the Grand Valley (Grand Junction), there could very well be some damage from liquefaction. (This was a prof at Utah State.)
Here's a quote from a USGS website:
The severity of an earthquake can be expressed in terms of both
intensity and
magnitude. However, the two terms are quite different, and they are often confused.
Intensity is based on the observed effects of ground shaking on people, buildings, and natural features. It varies from place to place within the disturbed region depending on the location of the observer with respect to the earthquake epicenter.
Magnitude is related to the amount of seismic energy released at the hypocenter of the earthquake. It is based on the amplitude of the earthquake waves recorded on instruments which have a common calibration. The magnitude of an earthquake is thus represented by a single, instrumentally determined value.
https://pubs.usgs.gov/gip/earthq4/severitygip.html