An Important Function of Secondary Markets Is to

question 73

Multiple Choice

An important function of secondary markets is to

• A)make it easier to sell financial instruments to raise funds.
• B)raise funds for corporations through the sale of securities.
• C)make it easier for governments to raise taxes.
• D)create a market for newly constructed houses.

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Definitions:

Rumination

The focused attention on the symptoms of one's distress, and on its possible causes and consequences, as opposed to its solutions.

Legalization

The process of making an act, practice, or substance legally permissible by law.

Marijuana

A psychoactive drug derived from the Cannabis sativa plant, used both for medical purposes and recreational use.

Short Term

Pertaining to or occurring over a short period of time, usually referring to memory, goals, or plans.