Which One of the Following Is a True Statement

question 95

Multiple Choice

Which one of the following is a true statement?

• A)The over-the-counter market is a network of dealers who buy and sell the stocks of corporations that are not listed on a securities exchange.
• B)Account executives specialize in a particular stock.
• C)OTC trading is for investors who want to buy or sell stocks in stores.
• D)Specialists are not members of the NYSE.
• E)Most NYSE members represent brokerage firms that do not charge commissions on security trades.

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Definitions:

Balance Deficit

A situation in financial accounts, particularly in national accounts, where total outflows exceed total inflows.

Capital and Financial Account

A component of a nation's balance of payments that covers the transfer of capital and financial assets across international borders.

Balance Surplus

An economic situation where the income or supply exceeds the expenditure or demand, leading to a surplus.

Balance Deficit

The economic condition where total expenditures exceed total revenues in a given period, often in reference to national budgets or trade balances.