Which of These Does NOT Perform Vital Functions to Securities

question 23

Multiple Choice

Which of these does NOT perform vital functions to securities markets of all sorts by channeling funds from those with surplus funds to those with shortages of funds?

• A)Commercial banks
• B)Secondary markets
• C)Insurance companies
• D)Mutual funds

---

Definitions:

Price of Whey

The market cost for whey, a byproduct of cheese production, which is used in various food products and as an animal feed.

Income

Regular remuneration derived from employment or the engagement in investment ventures.

Indifference Curves

Graphical representations of combinations of two goods between which a consumer is indifferent, showcasing the consumer's preferences.

Price of X

The specific cost associated with purchasing a particular good or service, referred to as "X."