The "Bid-Ask Spread" Is

question 47

Multiple Choice

The "bid-ask spread" is:

• A)always equal to zero.
• B)the gap between the price at which a dealer buys and sells a security.
• C)the difference between the quantity a dealer wants to buy and what he actually buys.
• D)the difference between the rate of inflation and the expected rate of inflation.

---

Definitions:

Benefits Package

A collection of non-wage compensations provided to employees in addition to their salaries or wages. These can include health insurance, pension plans, and vacation time.

Mandatory Benefits

Compulsory employment advantages prescribed by law that an employer must provide to employees, such as social security, workers' compensation, and leave entitlements.

Employment Assistance Programs

Workplace initiatives designed to help employees deal with personal problems that might adversely affect their job performance, health, and well-being.

Defined Contribution Pension Plan

A retirement plan where the amount contributed by employers or employees is specified, but the future benefit amount is not guaranteed, depending on investment performance.