The law of demand is graphically demonstrated by a(n):
a. perfectly vertical demand curve.
b. perfectly horizontal demand curve.
c. downward-sloping demand curve.
d. upward-sloping demand curve.
e. curved demand line.
c
Economics
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Which of the following is part of the secondary market?
A) the over-the-counter market B) NASDAQ C) New York Stock Exchange D) all of these
Economics
Which of the following is not a benefit to lenders of financial intermediation?
a. Higher liquidity than the direct market. b. Lower credit risks than the direct market. c. Lower liquidity risk than the direct market. d. Lower market risk than the direct market. e. All the above are benefits.
Economics