Which of the following markets includes exchange trading and over-the-counter trading?
A) derivatives market
B) bond market
C) money market
D) stock market
E) currency market
Answer: A
Explanation: Derivatives market is a market that includes exchange trading (for futures and some options) and over-the-counter trading (for all other derivatives). The derivatives market is as diverse as derivatives themselves.
Business
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The primary function of insurance companies is to
A. generate fees for the banks that sell insurance products. B. sell a variety of consumer investment products. C. protect policyholders from adverse events. D. assist in the transfer of wealth into the future. E. provide contracts that encourage policyholders to save current income.
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Price dispersion remains pervasive online
Indicate whether the statement is true or false
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