Purchasing Shares on the Australian Securities Exchange Is an Example

question 74

Multiple Choice

Purchasing shares on the Australian Securities Exchange is an example of:

• A) a primary market transaction.
• B) companies raising finance from another financial intermediary.
• C) companies raising new finance.
• D) a secondary market transaction.

Grasp the concept of economic welfare and how it is affected by taxation.

Understand the influence of taxes on the equilibrium quantity of goods.

Identify the per-unit burden of taxation on sellers and buyers.

Recognize the relationship between the size of a tax and its resulting deadweight loss.