Refer to Figure 2-15. One segment of the circular flow diagram in the figure shows the flow of labor services from market K to economic agents J. What is market K and who are economic agents J?
A) K = product markets; J = firms B) K = factor markets; J = firms
C) K = product markets; J = households D) K = factor markets; J = households
B
Economics
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The countries that have made the least use of securities markets are ________ and ________; in these two countries finance from financial intermediaries has been almost ten times greater than that from securities markets
A) Germany; Japan B) Germany; Great Britain C) Great Britain; Canada D) Canada; Japan
Economics
The bid-asked spread is likely to be greater on securities that are
A) issued in larger denominations. B) have low market risk. C) less liquid. D) traded in a deep market.
Economics