Which One of the Following Statements Related to Swaps Is

question 19

Multiple Choice

Which one of the following statements related to swaps is correct?

• A) Brokerage firms are the dominant swap dealers in the U.S.
• B) Swaps can be custom tailored to a firm's needs.
• C) As of 2017, all swaps are traded on a single organized exchange.
• D) Swaps contracts are limited to interest rates.
• E) Swap contracts are limited to a single payment at expiration.

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Definitions:

Socialism

A political and economic theory advocating for collective or governmental ownership and management of the means of production and distribution of goods.

Classless Society

A society in which hierarchical divisions based on economic status are absent, aiming for equal access to resources and opportunities for all.

Marx

Refers to Karl Marx, a 19th-century philosopher, economist, and political theorist whose works have influenced various fields, especially with his critique of capitalism and ideas about socialism and communism.

Capitalism

A system of economics where the means of producing goods are privately owned and operated to generate profit, marked by open markets, the growth of capital, and labor for wages.