Which of the Following Is False Regarding the NYSE and TSX

question 3

Multiple Choice

Which of the following is false regarding the NYSE and TSX?

• A) The purpose of both exchanges is to attract order flow.
• B) Both exchanges are operated as a not-for-profit business.
• C) They are owned by their members.
• D) Both exchanges have physical trading locations.
• E) Membership on both exchanges can be traded or sold.

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Definitions:

Heuristics

Mental shortcuts that ease the cognitive load of making decisions or solving problems.

Algorithms

Step-by-step problem-solving procedures or formulas that guarantee a solution to a problem if correctly applied.

Primary Mental Abilities

According to Thurstone, the basic abilities that make up intelligence examples include word fluency and numerical ability.

Louis Thurstone

An influential American psychologist known for his contributions to psychometrics, including factor analysis and the development of psychological scales.