If Gold Becomes Acceptable as a Medium of Exchange,the Demand

question 142

Multiple Choice

If gold becomes acceptable as a medium of exchange,the demand for gold will ________ and the demand for bonds will ________,everything else held constant.

• A)decrease;decrease
• B)decrease;increase
• C)increase;increase
• D)increase;decrease

Understand the implications of pay levels, pay grades, and key jobs on the organization's pay structure and market competitiveness.

Recognize the effects of pay differentials and geographical cost variations on compensation strategies.

Realize the significance of external market factors, such as product market constraints, on pay decisions.

Understand the principles of equity theory and its application in organizational pay systems.

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Definitions:

Secondary-market Transaction

The buying and selling of previously issued securities, such as stocks and bonds, among investors without involving the issuing companies.

Block Transactions

Large-scale securities trades on stock markets, usually involving at least 10,000 shares or bonds.

NYSE

The New York Stock Exchange, one of the world's largest stock exchanges by market capitalization, located in New York City.

Stop-buy Order

A trading instruction used to purchase a security when it reaches a price above its current market price, typically to limit a loss on a short sale.