Which of the following is a similarity between a stock market and a labor market?
a. Both adopt a barter system to enable the exchange of products.
b. Both have people who are unwilling to spend a large sum of money for products or services.
c. Both have people with the necessary resources to buy desired products or services.
d. Both deal with high-end, expensive products.
ANSWER: c
All types of markets, such as stock markets and labor markets, share several characteristics. One of the characteristics is that people in both a stock market and a labor market have the necessary resources, usually money or credit, to buy the products they seek.
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