When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called a(n)
A) exchange.
B) over-the-counter market.
C) common market.
D) barter market.
A
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The Fed primarily uses the reserve requirement to control the money supply
a. True b. False Indicate whether the statement is true or false
If you lost 10 percent on $200 worth of stock in a 3x margin account, then you would lose:
A. $60. B. $20. C. $30. D. $40.
An economist has estimated that the maintenance of a public park costs $25,000 a year and that the public park generates $30,000 a year in revenue for merchants near the park. From society's point of view, the maintenance of this park is
A. inefficient because the additional revenues generated by the park are so low. B. potentially efficient because no one would be made worse off as a result of maintaining the park. C. potentially efficient because the value of the gains exceed the value of the costs. D. inefficient because everyone in the community pays taxes to support the park, but only the merchants near the park benefit.
The initial effect of the 2009 Obama Stimulus Plan upon the federal budget was to
A. eliminate the corporate income tax liabilities of major oil companies. B. increase the federal budget deficit by as much as $750 billion. C. eliminate all opportunities for "logrolling" in the Congress. D. all of the options are correct.