Answer:
Explanation:
The primary market is the market in which the new securities like bonds, stocks, etc are offered to the general public for the first time or we can say Initial public offer.
The initial public offer is an example of the primary market
.
On the other hand, the secondary market is that market in which the securities are purchased or sold through the investors after offering to the general public.
Example - New York Stock Exchange (NYSE), etc.
Answer:
C) democratic reforms
Explanation:
One of the things I remember when I was a little kid was watching action movies with my father and many of them had a common hero, an American soldier or spy (and James Bond even though he is British), and a common enemy, the Soviet Union or some other communist country.
That was very in the late 80s and early 90s, and probably much earlier. The world was divided into two sides, the side that favored liberty and freedom (the US) and the communist evil nations.
In economic terms, communism and command economies meant that the government controlled most of a country's resources. This had a negative effect in that only politicians and their allies lived well and were rich, while the rest of the population was poor.
But then president Reagan and premier Gorbachev got together and decided that it was time for all the nonsense to stop, and the Berlin Wall fell, the Soviet Union split up and luckily for all (except James Bond and other heroes), communism ended.
The fall of communist led to democratic and capitalistic reforms.
Answer:
gain surplus from paying a lower price
Explanation:
An effective price ceiling will cause consumers to "gain surplus from paying a lower price."
This is based on the idea that an effective price ceiling usually leads to prices being below the equilibrium price or equates to a lower price.
At this point, the buyers demand more of the products, while the sellers have a lower incentive to produce more. And therefore, the quantity demanded will exceed the quantity supplied.
Hence, consumers gain excess (more demands) by paying a lower price.
Answer: d) obligations arising from past transactions and payable in assets or services in the future.
Explanation:
Liabilities are financial obligations meant to be catered for by an organization in the running of its business.
