Unlike dealers, brokers
A) deal in the primary market.
B) deal in equity and not in debt.
C) do not buy or sell for their own account.
D) get most of their funds from consumer deposits.
C
Economics
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If a product has an inelastic demand, then:
a. there is probably a long time period under consideration. b. as price increases, total revenue to producers decreases. c. an increase in the price will decrease total consumer expenditures. d. there are probably many complements for the good. e. there are probably few substitutes for the good.
Economics
A corporation can elect to allocate corporate profits into either
A. Interest payments or dividends. B. Capital gains or dividends. C. Bonds or stocks. D. Dividends or retained earnings.
Economics