A “specialist” is a
A. stockholder who finds buyers and sellers for specific stocks, but also operates outside of specific stock markets.
B. person who works on the floor of the New York Stock Exchange and specializes in certain stocks.
C. stockbroker who operates only in a particular regional stock market.
D. stockbroker who specializes in the “third market.”
Answer: B
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. B; C C. B; A D. D; B
Financial markets pay close attention to changes in the federal funds rate because these changes ________.
A. directly affect the interest payments on the national debt B. affect other interest rates in the economy C. directly affect a large volume of loans D. indicate commercial bank lending policies
If all of the income paid to a resource is opportunity costs,
a. the price and quantity of that resource are determined exclusively by supply b. the price and quantity of that resource are determined exclusively by demand c. the quantity of that resource is determined exclusively by supply d. the price of that resource is determined exclusively by demand e. the quantity of that resource is determined exclusively by demand
technology
What will be an ideal response?