Brokers, in contrast to security dealers

A) hold inventories of securities.
B) make their income through commissions.
C) make their living on the spread between the bid price and the asked price.
D) buy and sell securities at given prices.

B

Economics

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Your textbook asserts that the federal government's $787 billion stimulus plan, launched in 2009,

A) failed to stimulate the economy out of the Great Recession. B) was followed by growing unemployment. C) stifled the corrective process of the previous cluster of errors during the housing bubble. D) favored well-organized interests. E) led to all of the above.

Economics

Multinationals typically operate in a market structure that would best be described as

A. inherently disadvantaged. B. perfect competition. C. monopoly. D. an oligopoly.

Economics