A "Primary" Stock Market Is

question 33

Multiple Choice

A "primary" stock market is

• A)a big internationally-important market like the NYSE.
• B)a market where corporations issue new shares to initial investors.
• C)where brokers and market makers trade.
• D)none of the above

---

Definitions:

Tax Expenditures

Government revenue losses attributed to tax laws that allow special exclusions, exemptions, or deductions.

Social Policies

Policies designed to address social issues and promote social welfare, often involving governmental intervention to provide services and support in areas like healthcare, education, and housing.

Politically Powerful

Describes individuals or groups that have significant influence over political decisions and policy-making processes.

Government's Social Policies

Strategies and measures developed by a government to address social issues like health, education, housing, and welfare.