Stock Is

question 22

Multiple Choice

Stock is

• A)bought in a secondary market and sold in a primary market.
• B)bought in a secondary market and sold back to the firm.
• C)initially purchased in a primary market and sold in a secondary market.
• D)none of these choices.

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Definitions:

U.S. GNP

Gross National Product of the United States, which is the total market value of all final goods and services produced by residents of the country within a specific time period, regardless of production location.

American Doctor

A licensed medical practitioner in the United States qualified to diagnose and treat illnesses, injuries, and other health conditions.

Net Exports

The net trade balance of a country, calculated by subtracting its total imports from its total exports.

Imports

Products and services imported from other countries for the purpose of selling them domestically.