The Difference Between the Price at Which a Dealer Is

question 43

Multiple Choice

The difference between the price at which a dealer is willing to buy and the price at which a dealer is willing to sell is called the ________.

• A) market spread
• B) bid-ask spread
• C) bid-ask gap
• D) market variation

---

Definitions:

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

Government

The organization, or the apparatus, through which a political unit exercises authority and performs functions and which is usually classified as parliamentary or presidential.

Public Corporation

A corporation that is created by government to help administer law.

Private Corporation

A corporation that is created by private persons and does not have government duties.