Instruments Whose Price Involves Bilateral Negotiation Rather Than a Bidding

question 22

Multiple Choice

Instruments whose price involves bilateral negotiation rather than a bidding process are known as___________ instruments.

• A) over- the- counter
• B) public- exchange- traded
• C) not- for- negotiation
• D) mark- to- market

---

Definitions:

Public Ownership

The ownership of assets by the government or public entities rather than by private individuals or companies.

Productive Resources

The factors required for the production of goods and services, usually classified into land, labor, capital, and entrepreneurship.

Self-Interest

The personal interest or advantage that individuals seek to maximize their own welfare or benefit.

Public Good

A product or service that is available for all people to consume, regardless of who pays for it, and where one person's consumption does not reduce availability to others.