There Is Customarily a Small Spread Between Bid and Asked

question 57

Multiple Choice

There is customarily a small spread between bid and asked prices of Treasury notes and bonds, because:

• A)they are traded at a discount from par.
• B)there is competition from other markets.
• C)the market for Treasury issues is liquid.
• D)there are not many government securities dealers.

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Definitions:

Land Resources

Natural assets in the form of land, including both the physical ground itself and the resources contained within it.

Park Managers

Individuals responsible for overseeing the operations and maintenance of parks, ensuring they are safe, accessible, and enjoyable for the public.

Congressional Desires

Preferences or goals of members within the United States Congress, often reflecting their constituents' interests or policy objectives.

Oligopolistic Industry

An industry dominated by a small number of large firms, each of which can influence the market price and strategy, leading to competitive yet interdependent market conditions.