Clearing Houses Are

question 13

Multiple Choice

Clearing houses are

• A) Never used in futures markets and sometimes used in OTC markets
• B) Used in OTC markets, but not in futures markets
• C) Sometimes used in both futures markets and OTC markets
• D) Always used in both futures markets and OTC markets

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Definitions:

Ring Gear

A large gear that interacts with the starter motor's pinion gear to start an engine or as part of the differential in vehicles to power the wheels.

Two-speed Axles

Axle configurations allowing a vehicle to switch between two gear ratios, optimizing performance and fuel efficiency.

Double-reduction

A gear arrangement in transmissions that uses two sets of gears to significantly reduce the input speed, providing increased torque.

Single-reduction

A gear configuration where the reduction of speed and increase in torque are achieved through a single stage of gearing.