What Is True of Stock Exchanges in the United States

question 87

Multiple Choice

What is true of stock exchanges in the United States?

• A)There are two major stock exchanges in New York, several smaller regional exchanges across the nation, and over-the-counter trading via NASDAQ.
• B)The New York Stock Exchange is the only stock exchange in the United States.
• C)There are only two stock exchanges, NYSE and AMEX.
• D)There are only three stock exchanges, NYSE, AMEX, and NASDAQ.

---

Definitions:

Partnership Management

The governance and operational strategies employed by partners in a business venture to ensure efficient collaboration and achievement of mutual goals.

Average Capital

The mean amount of capital invested or employed in a business or project over a certain period, used to assess financial efficiency.

Years with Partnership

The duration of time an individual has been involved or engaged in a business partnership.

Profit Allocation

The process of dividing the profits of a company among its stakeholders, such as shareholders, employees, or departments.