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Which of the Following Statements Concerning Auction Markets Is False

Question 207

Multiple Choice

Which of the following statements concerning auction markets is false?


A) The OTC is an auction market.
B) The TSX is an auction market.
C) The NYSE is an auction market.
D) Auction markets have a physical location.
E) A market where buyers specify the highest price they are willing to pay and sellers indicate the lowest price they are willing to accept.

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