Term the central market for buying and selling all kind of securities ?
Correct answer: B. Stock Exchange
- A. A big company
- B. Stock Exchange
- C. Joint stock
- D. A multinational company
Explanation
A stock exchange is an organised market where securities such as shares and bonds are bought and sold. A company, joint-stock structure and multinational company are business entities, not securities markets.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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