A Type of Noncontinuous Exchange Trading System Is Crowd Trading

question 4

Multiple Choice

A type of noncontinuous exchange trading system is crowd trading.

• A)unlike a call market in which there is a common price for all trades, several bilateral trades may take place at different prices in crowd trading.
• B)unlike a continuous market in which there is a common price for all trades, several bilateral trades may take place at different prices.
• C)unlike a call market in which several bilateral trades may take place at different prices there is a common price for all trades in a call market.
• D)none of the above

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Definitions:

APC

In economics, it stands for Average Propensity to Consume, indicating the fraction of income that is spent.

Disposable Income

Resources households have at their disposal for saving and expenditure once income taxes have been accounted for.

Marginal Propensity

Typically refers to the marginal propensity to consume (MPC), which is the proportion of an additional income that a consumer spends on goods and services as opposed to saving it.

Disposable Income

The income available for saving and spending after the deduction of income taxes from earnings is known as disposable income.