Which One of the Following Is Not a Characteristic of a Liquid

question 19

Multiple Choice

Which one of the following is not a characteristic of a liquid market?

• A) Market makers stand ready to buy and sell currencies.
• B) Foreign exchange dealers make transactions only with dealers.
• C) It becomes easy to match buyers and sellers.
• D) Transaction costs are low.

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Definitions:

Pie Chart

A circular statistic graphic, which is divided into slices to illustrate numerical proportion. Each slice represents a category's contribution to the total.

Line Graph

A type of chart used to display information as a series of data points connected by straight line segments, often to show trends over time.

Cumulative Frequency

The sum of a class and all classes below it in a frequency distribution.

Frequency Polygon

A graphical representation of the distribution of a dataset that shows the frequency of data points within certain intervals.