The Lack of a Smoothly Functioning Secondary Market Will ______

question 88

Multiple Choice

The lack of a smoothly functioning secondary market will ______ the financing of planned deficits in the primary market and thus have _______ affect on investment and economic growth over time.

• A)enhance, an adverse
• B)inhibit, an adverse
• C)enhance, a positive
• D)inhibit, a positive

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Definitions:

Period End Assets

The total value of all assets owned by a company at the end of a financial reporting period.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated for reporting and taxation purposes.

Cost of Goods Sold

Costs directly related to creating products that a company offers for sale.