The Major Players in the Direct Financial Markets Are

question 73

Multiple Choice

The major players in the direct financial markets are

• A) investment banks.
• B) money center banks.
• C) regional banks.
• D) both a and b.

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Definitions:

Shortage/Surplus

A market condition where the quantity of a good supplied is less/more than the quantity demanded at the market price.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from prices that are deemed too high.

Shortage/Surplus

A shortage occurs when demand exceeds supply, whereas a surplus happens when supply exceeds demand.

Quantity Demanded

The amount of a good or service that consumers are willing and able to purchase at a specific price level.