In return for their services in the primary securities market, investment banks earn a fee called a(n)

A) underwriting spread.
B) bid-asked spread.
C) dealer's spread.
D) broker's spread.


A

Economics

You might also like to view...

Refer to the figure below. If all buyers' reservation prices increase by $1.00, then the equilibrium price of coffee would: 

A. increase by more than $1.00. B. would not change. C. increase by less than $1.00. D. increase by $1.00.

Economics

At the start of the Civil War, the South adopted a trade policy that did not

a. discourage exports to England. b. ban sales of cotton to the North. c. eventually move England from neutrality in the Civil War. d. weaken the southern war effort.

Economics

An increase in disposable income shifts the supply of loanable funds curve

A) leftward and decreases the real interest rate. B) leftward and increases the real interest rate. C) rightward and decreases the real interest rate. D) rightward and increases the real interest rate.

Economics

A substitute good is one that

a. appeals to a wide spectrum of consumers b. is used together with another good c. is exchanged on the black market d. is produced by the same firm as another good e. can be used in place of another good, fulfilling the same basic purpose

Economics