Which of the following is a characteristic of a dealer market, rather than auction market, for common stock?
A) dealer markets specialize in trading income stocks
B) dealers may not offer all the same price for the same security
C) dealer markets operate as primary, not secondary, markets
D) dealer markets are more likely to be centralized
Answer: B) dealers may not offer all the same price for the same security
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Mutually exclusive events are:
A) events with identical probabilities. B) events that have no outcomes in common. C) events that have no effect on each other. D) events that are represented in a Venn diagram by two overlapping circles.
Which of the following is correct:
a. criminal acts must be planned b. criminal conduct must be intentional c. criminal conduct cannot involve drunkenness d. criminal conduct must involve actus rea e. none of the other choices
The buying and selling of futures and options is called:
a. trading of derivatives b. trading of prospects c. stock trading d. trading of intangibles e. none of the other choices are correct
?When the Federal Reserve buys securities, the reserves of banks are increased.
Answer the following statement true (T) or false (F)